Log In/Sign Up
Your email has been sent.
Newberry Place 109 W Main St 25,000 SF 100% Leased Retail Building Somerset, PA 15501 $1,388,940 CAD ($55.56 CAD/SF) 8.29% Cap Rate
INVESTMENT HIGHLIGHTS
- Value Add Mixed-use Investment Opportunity.
- Elevator Access
- Office space with private access on 2nd floor
- Newberry Place offers opportunity to develop the basement into self-storage with confirmation from Somerset Borough.
EXECUTIVE SUMMARY
SVN Three Rivers Commercial Advisors is pleased to present for sale Newberry Place, a 25,500 SF office building in Somerset, PA. The building offers opportunity to develop the basement into self-storage with confirmation from Somerset Borough that this would be allowed per current zoning.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
25,000 SF
Building Class
C
Year Built
1930
Price
$1,388,940 CAD
Price Per SF
$55.56 CAD
Cap Rate
8.29%
NOI
$115,077 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
3.25
Lot Size
0.18 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
38 Spaces (1.52 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 410000240 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $267,529 CAD |
PROPERTY TAXES
Parcel Number
410000240
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$267,529 CAD
1 of 13
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Newberry Place | 109 W Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.