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Listed By:
BHHS Homesale Realty - Schuylkill Haven
Address
206 Schuylkill Medical Plaza, Suite 206, Pottsville, PA
Price
$ 595,000
Property Attributes
  • MLS#PASK134768
  • TypeCommercial
  • CountySCHUYLKILL
  • CityPottsville
  • AreaPottsville
  • Zip17901
  • StyleMedical,Professional
  • Year Built2002
  • Taxes$ 16058
  • Price$ 595,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5700
Data Source:
Bright MLS
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.

Price History
4/8/2021 Listed $595,000

General Features

Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Utilities Cable TV Available,Phone Available,Sewer Available,Water Available,Electric Available
Possession Negotiable
Roof Shingle
Zoning M-1
Construction Materials Block,Brick,Concrete
Year Built 2002
Property SubType Office
Tax Year 2022
Percent Ownership Condominium
Cool Fuel Electric
OwnerPays Taxes - Real Estate,Association Fees
Business Type Medical,Professional
Accessibility Elevator,Level Entry - Main
County SCHUYLKILL
Net Operating Income 46651.00
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Status ACTIVE
Directions Route 61 N to Pottsville. Property on Right.
ModificationTimestamp 2024-04-19T23:00:37
City POTTSVILLE
Buyer Agent Compensation 3
Disclosures Subject to Condo/HOA Docs
Zoning Description Light Manufacturing District
MLS Area Pottsville (13368)
Tax Assessed Value 191790.0
Waterfront Y/N No
Street Name SCHUYLKILL MEDICAL PLAZA,SUITE 206
Tax Annual Amount 16058.0
Property Condition Very Good
Acceptable Financing Cash,Conventional
Vacation Rental Y/N No
Days on Market 1119
Standard Status Active
Year Built Source Estimated
Tax Lot 9(206)
Cap Rate 7.67
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Flooring Carpet,Ceramic Tile
Hot Water Natural Gas
Total Stories 2
Heating Y/N Yes
Central Air Y/N Yes
Total Restrooms 3
Entry Level 2
Number of Elevators 1

Exterior Features

Parking Features Private,Paved Parking,Lighted Parking,Handicap Parking,Unassigned
Water Source Public
Inclusions 50+ years with two 10 year options remain on Seller's Leasehold interest in the property
Total Parking Spaces 15
Type of Parking Parking Lot
Land Use Code 349
Water View Y/N No
Building Area Total 0.00
Lot Dimensions 0.00 x 0.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor
Car Parking Spaces 15

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 17901

Price
AVG $70K
$600K
Taxes
AVG $1,068
$16,058
Visits
AVG 35
782
Data Provided by Inside Real Estate®
Year Built
AVG 1923
2002
Walkscore
AVG 68
50
Data Provided by Walkscore® not using MLS data

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