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220 Silver Lake Rd 9,243 SF Office Building Dingmans Ferry, PA 18328 $1,375,588 CAD ($148.82 CAD/SF) 6.78% Cap Rate
INVESTMENT HIGHLIGHTS
- 3.42 Acres
- Tax Exempt
- Completely Renovated
EXECUTIVE SUMMARY
With Parking lot expanded, repaved, and restriped, retaining wall, new electronic message board, dumpster pad, patio, sidewalk and refreshed well system, this 10,000+ square foot mixed use building has now been entirely renovated and meticulously prepared for its new owners! The building has a massive entry way, library area, full working kitchen, 3 baths, 2 kitchenettes, built-ins, cabinetry, and is serenely situated overlooking a man-made pond on its 3.42-acre lot. It has a new parking lot, new safety egresses, handicap ramp, HOP and current C of O. Potential uses include worship space, day care, education facility, not-for-profit, group home, conversion to apt/condos (only 1.2H from NYC/15M from NJ), medical facility, government, commercial or business uses. It also comes with a secondary building that can be used for storage, renovated for residential use, or demolished for additional parking. State road access, security system, landscaping, low taxes (presently tax exempt), and only minutes from the NY and NJ borders. This area is quickly becoming one of the most sought-after local areas for new and expanding businesses. The building is in excellent condition and will be a headache-free facility for whatever use you desire.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Building Size
9,243 SF
Building Class
B
Year Built
1970
Price
$1,375,588 CAD
Price Per SF
$148.82 CAD
Cap Rate
6.78%
NOI
$93,265 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
4,622 SF
Building FAR
0.06
Lot Size
3.61 AC
Zoning
C - Commercial: Assembly, Industrial, Business, Education, Office
Parking
20 Spaces (2.16 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 031257 | Improvements Assessment | $59,318 CAD |
| Land Assessment | $17,912 CAD | Total Assessment | $77,229 CAD |
PROPERTY TAXES
Parcel Number
031257
Land Assessment
$17,912 CAD
Improvements Assessment
$59,318 CAD
Total Assessment
$77,229 CAD
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220 Silver Lake Rd
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