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Property profile & analytics
OFF-MARKET
Office Spaces

123 Enola Dr Enola, PA 17025

42,360 SF 1.94 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents two office buildings totaling 42,360 square feet situated on a 1.94-acre lot in Enola, Pennsylvania (APN: 09-14-0832-189). The property, zoned Village Overlay, consists of two buildings: a renovated 30,000 square foot former schoolhouse featuring numerous office suites ranging from 250 to 1,000 square feet, and a newer 12,360 square foot building ideal for an end-user. Currently, there are only three unoccupied spaces among the 24 office rental units. The property boasts 100 parking spaces and has recently undergone $170,000 in capital improvements. Built in 1920 and 2004, this Class B, multi-tenant property offers a modified lease type and is priced at $2,650,000 ($62.56/sq ft). Its convenient location offers easy access to Routes 11/15 and I-81, placing it near East Pennsboro schools, Central Penn College, and Penn State Health Holy Spirit Medical Center. This presents a strong cap rate and a compelling opportunity for investors seeking a well-maintained, centrally located commercial property with significant upside potential. The property is offered as a whole.

Property profile
Verified
Property type Office Spaces
Total area 42,360 SF
Lot 1.94 ac (84,506 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Tri County Community Action | Community Action Commission Social Service Agency Charitable Organization
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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