206 SCHUYLKILL MEDICAL PLAZA, SUITE 206

POTTSVILLE , PA 17901

MLS#: PASK134768

$495,000

Status: Active
Listing number: PASK134768
Listing provided by: BHHS Homesale Realty - Schuylkill Haven
Listing agent phone: None
Last update: a month ago
On site: 4 years ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

2002

Sq.Footage

N/A

"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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block, Brick, Concrete

  • Parking

    Private, Unassigned, Lighted, Paved, Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Commercial Sale

  • Property Sub Type

    Office

Price

  • Sales Price

    $495,000

  • Tax Amount

    16058.0

  • Zoning

    Light Manufacturing District

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    JOHN S. CLARKE ELEMENTARY CENTER

  • Middle School

    D.H.H. LENGEL

  • High School

    POTTSVILLE AREA

Property Features

  • Stories

    2

  • Accessibility Features

    Accessible Elevator Installed

  • Sewer

    Public Sewer

  • Tax Lot

    9(206)

  • Water Source

    Public

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Location

County

SCHUYLKILL

Elementary School

JOHN S. CLARKE ELEMENTARY CENTER

Middle School

D.H.H. LENGEL

High School

POTTSVILLE AREA

Listing Courtesy of Eric R Seitzinger , BHHS Homesale Realty - Schuylkill Haven

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Agent ChristyIssler

Broker | Owner

ChristyIssler

Call Christy today to schedule a private showing.

(235) 551-212

christy@charisrealty.com


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"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.

206 SCHUYLKILL MEDICAL PLAZA, SUITE 206

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