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Novice Investor's Property 100 Main 4,700 SF 100% Leased Office Building Reedsville, PA 17084 $381,086 CAD ($81.08 CAD/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Great for 1st Time Investors!
- New Roofs!
- Easy Investment to Manage!
EXECUTIVE SUMMARY
This is #2 of 5 Similar Investment Properties.
Ideal for first time investors or those looking to add easy to manage property to their portfolio. Tenants have been at this location for over 10 years; Updated offices for District Justice; New roof on restaurant 2022. Low Management requirement.
County Lease: 2024 – 2034
Restaurant Lease: 2023 - 2028
Ideal for first time investors or those looking to add easy to manage property to their portfolio. Tenants have been at this location for over 10 years; Updated offices for District Justice; New roof on restaurant 2022. Low Management requirement.
County Lease: 2024 – 2034
Restaurant Lease: 2023 - 2028
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
4,700 SF
Building Class
C
Year Built/Renovated
1988/2016
Price
$381,086 CAD
Price Per SF
$81.08 CAD
Cap Rate
8%
NOI
$30,487 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,700 SF
Building FAR
0.21
Lot Size
0.52 AC
Zoning
C
Parking
25 Spaces (5.32 Spaces per 1,000 SF Leased)
1 1
PROPERTY TAXES
| Parcel Number | 14-15-0601-000 | Improvements Assessment | $80,905 CAD |
| Land Assessment | $27,767 CAD | Total Assessment | $108,672 CAD |
PROPERTY TAXES
Parcel Number
14-15-0601-000
Land Assessment
$27,767 CAD
Improvements Assessment
$80,905 CAD
Total Assessment
$108,672 CAD
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Novice Investor's Property | 100 Main
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