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206 Schuylkill Medical Plaza, Suite 206

POTTSVILLE, PA 17901
  • $595,000
  • STATUS: Active
  • ON SITE: 599 Days
  • ID#: PASK134768
UPDATED: 13 min ago
$595,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2002
County:

School Information

Middle School:
High School:
School District:

Description

"INVESTMENT PROPERTY FOR SALE." Fully leased office space in professional medical building. New 5 year lease beginning June 1, 2022, with annual 2% increases. Full time management company running the property and tenant space. Lots of windows with nice views. Approximately 5,700 square foot suite under lease on a five year term with an approximate blended five year monthly average rental rate of $6,600.00 . Rental rate includes CAM, interior cleaning, Condo fees and utilities. Tenant is responsible for phone, cable, internet, Tenant insurance naming Landlord as additional insured. Tenant also responsible for minor maintenance including but not limited to changing of light bulbs. The Rental Rate includes the 12.99% of the Condo Association Fees, utilities and Real Estate Taxes. Building owner responsible for the payment of the Condo Fees (currently $2,100.00) and Real Estate Taxes (Currently $8,349.00). This give your an approximate $33,549.00 offset against the blended rental rate of $79,200.00 giving you an approximate $45,651.00 without any holdback for Capital expenses give you over a 7.5% cap rate. 11 Exam Room/Private Office, one staff area, four H/P rest rooms, reception and waiting area.Call for details or private showing.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Flinchbaugh & Associates - Re/Max Patriots. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-11-29T14:53:58.857.
www.flinchbaughassociates.com/homes/115876409
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206 Schuylkill Medical Plaza, Suite 206 POTTSVILLE, PA 17901

  • Price: $595,000
  • Status: Active
  • On Site: 599 Days
  • Updated: 13 min ago
  • ID#: PASK134768
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2002
Built
Neighborhood:
Pottsville (13368)
County:
Schuylkill
Area:
Pottsville (13368)
Elementary School:
John S. Clarke Elementary Center
Middle School:
D.H.H. Lengel
High School:
Pottsville Area
School District:
Pottsville Area
Property Description
"INVESTMENT PROPERTY FOR SALE." Fully leased office space in professional medical building. New 5 year lease beginning June 1, 2022, with annual 2% increases. Full time management company running the property and tenant space. Lots of windows with nice views. Approximately 5,700 square foot suite under lease on a five year term with an approximate blended five year monthly average rental rate of $6,600.00 . Rental rate includes CAM, interior cleaning, Condo fees and utilities. Tenant is responsible for phone, cable, internet, Tenant insurance naming Landlord as additional insured. Tenant also responsible for minor maintenance including but not limited to changing of light bulbs. The Rental Rate includes the 12.99% of the Condo Association Fees, utilities and Real Estate Taxes. Building owner responsible for the payment of the Condo Fees (currently $2,100.00) and Real Estate Taxes (Currently $8,349.00). This give your an approximate $33,549.00 offset against the blended rental rate of $79,200.00 giving you an approximate $45,651.00 without any holdback for Capital expenses give you over a 7.5% cap rate. 11 Exam Room/Private Office, one staff area, four H/P rest rooms, reception and waiting area.Call for details or private showing.
Exterior Features

Construction Materials BlockBrickConcrete Garage YN No Parking Features PrivatePaved ParkingLighted ParkingHandicap ParkingUnassigned Parking Types Parking Lot Property Condition Very Good Riparian Rights YN No Roof Shingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling Central A/C Flooring CarpetCeramic Tile Heating 90% Forced Air Heating YN Yes Inclusions 50+ Years With Two 10 Year Options Remain On Seller's Leasehold interest in The Property Net Square Feet 5700.00

Property Features

Acceptable Financing CashConventional Accessibility Features ElevatorLevel Entry - Main Assessment Year 2022 Association YN No Business Type MedicalProfessional Central Air YN Yes Cooling Fuel Electric Cross Street Mauch Chunk Street Elevators 1 Entry Level 2 Heating Fuel Natural Gas Hot Water Natural Gas Municipality Pottsville Navigable Water YN N Net Operating Income 46651.00 New Construction YN No Operating Expense Includes Management FeesElectricHeating/CoolingLandscapingSewerSnow RemovalTrashWater Original MLSNumber 304546695427 Other Expense 25200.00 Owner Pays Taxes - Real EstateAssociation Fees Ownership Interest Condominium Possession Negotiable Property Sub Type Office Sale Type Standard Sewer Public Sewer Tax Annual Amount 16058.00 Tax Assessment Amount 191790.00 Tax Lot 9(206) Utilities Cable Tv AvailablePhone AvailableSewer AvailableWater AvailableElectric Available Vacation Rental YN No Water Source Public Zoning M-1 Zoning Description Light Manufacturing District

Listing courtesy of Bhhs Homesale Realty - Schuylkill Haven: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Flinchbaugh & Associates - Re/Max Patriots. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-11-29T14:53:58.857.
 
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1770 E. Market Street
York PA, 17402