121 Progress AvePottsville, PA 17901

Property Details for 121 Progress Ave

Year built

1922

Construction

WOOD FRAME

Lot size

0.17 AC

Property size (Sq ft)

7,150 SF

Property type

Investment properties

Property subtype

Live-work space

APN

68-21-0124.000

APU

68210124000

Description

This exceptional three-story executive office complex, located at 121 Progress Avenue in Pottsville, Pennsylvania, presents a compelling investment opportunity. The property boasts 15,725 square feet of leasable space, currently 95% occupied, generating a proven net annual income exceeding $100,000. The building comprises eleven individual leasable units, ideally suited for a variety of professional office users. Situated on a 0.37-acre lot, the property offers convenient access to public transportation via a nearby bus route and features ample on-site parking with 35 spaces. Additional parking is readily available within a block, including an adjacent public lot and a three-story public garage. Constructed in 1922, this well-known professional office complex benefits from a desirable location and a strong history of consistent occupancy. The attractive entrance on Progress Street enhances the property's curb appeal and accessibility. Detailed financial information is available upon request to qualified buyers. This is a rare opportunity to acquire a well-established, high-performing commercial property in a thriving Pennsylvania market. The property's strong cash flow, high occupancy rate, and convenient location make it an ideal investment for discerning buyers seeking a stable and profitable asset. The zip code is 17901, and the property is located in Schuylkill County.

• CAP approach

  CAP return

  Valuation

  6%

  $1,103,602

  6.5%

  $1,018,710

  7%

  $945,945

• Comparable approach

  Method

  Valuation

  Relative Method

  $548,259

  Geo Method

  $934,219

• Alternative Use

  Use

  Valuation

  Residential

  $1,263,200

  Hospitality

  $1,157,085

  Educational

  $962,681

  Medical

  $995,789

  Retail

  $1,497,504

Location Insight

City

Pottsville

County

Schuylkill

State

Pennsylvania

Latitude

40.6864

Longitude

-76.1952

CBSA code

39060

CBSA name

POTTSVILLE, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.