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305 N Front St
Harrisburg, PA 17101
305 N. Front Street · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Prestigious riverfront location with unique design that offers open terraces on upper office levels that overlook Susquehanna River & Riverfront Park
- Located in the heart of Harrisburg’s Central Business District within walking distance to Dauphin County Courthouse, PA State Capitol Complex
- First 3 stories are on-site covered parking condos and top 3 stories sits class A office space
EXECUTIVE SUMMARY
• Single tenant +/- 55,000 SF professional office property with rare on-site covered parking
• New long term 10 year lease extension with investment grade credit rated tenant
• The Offering includes revenue from the fully leased 3 story office condos in the building and 108 covered parking space condos located on the first 3 stories of the building
• Prestigious riverfront location with unique design that offers open terraces on upper office levels that overlook Susquehanna River, Riverfront Park, FNB Field, and City Island
• Excellent location in the heart of Harrisburg’s Central Business District within walking distance to Dauphin County Courthouse, PA State Capitol Complex, new Federal Courthouse, Harrisburg University, Whitaker Arts Center, and Strawberry Square mixed use complex
• Easy access to: I-83, I-76 PA Turnpike, I-81, US-22, US-322, US-11, US-15
• New long term 10 year lease extension with investment grade credit rated tenant
• The Offering includes revenue from the fully leased 3 story office condos in the building and 108 covered parking space condos located on the first 3 stories of the building
• Prestigious riverfront location with unique design that offers open terraces on upper office levels that overlook Susquehanna River, Riverfront Park, FNB Field, and City Island
• Excellent location in the heart of Harrisburg’s Central Business District within walking distance to Dauphin County Courthouse, PA State Capitol Complex, new Federal Courthouse, Harrisburg University, Whitaker Arts Center, and Strawberry Square mixed use complex
• Easy access to: I-83, I-76 PA Turnpike, I-81, US-22, US-322, US-11, US-15
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
55,000 SF
Building Class
A
Year Built/Renovated
1989/2021
Price
$20,565,519 CAD
Price Per SF
$373.92 CAD
Cap Rate
7.65%
NOI
$1,572,792 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
18,333 SF
Slab To Slab
14’
Building FAR
1.05
Lot Size
1.20 AC
Opportunity Zone
Yes
Zoning
RF
Parking
116 Spaces (2.11 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,777,917 CAD | |
| Land Assessment | $894,010 CAD | Total Assessment | $3,671,926 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$894,010 CAD
Improvements Assessment
$2,777,917 CAD
Total Assessment
$3,671,926 CAD
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