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400 Market St
Williamsport, PA 17701
Office Property For Sale
Investment Highlights
- 20,146 SF office investment property for sale
- Prime downtown location
- Opportunity for owner/user with vacant suite on first floor
- Cap rate 8.16%
Executive Summary
This two (2) story commercial building offers a versatile mix of leased suites and vacant space, creating an excellent opportunity for both investors and owner-users. The first floor consists of five (5) suites ranging in size from 1,500 SF to 3,000 SF. The second floor is occupied by a long-term tenant. Existing tenants provide in-place income while the available suites allow an owner to occupy a portion of the property or lease additional space to increase cash flow. The flexible layout accommodates a variety of professional office or commercial uses, making this an attractive investment with immediate occupancy potential and long-term value.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
18,894 SF
Building Class
B
Year Built
1936
Price
$2,778,825 CAD
Price Per SF
$147.07 CAD
Cap Rate
8.16%
NOI
$226,822 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,000 SF
Building FAR
1.55
Lot Size
0.28 AC
Opportunity Zone
Yes
Zoning
CBD - Commercial
Amenities
- Atrium
- Bus Line
- Central Heating
- Direct Elevator Exposure
- Natural Light
- Drop Ceiling
- Air Conditioning
Property Taxes
| Parcel Number | 68-001.0-0202.00-000 | Improvements Assessment | $1,298,661 CAD |
| Land Assessment | $56,463 CAD | Total Assessment | $1,355,124 CAD |
Property Taxes
Parcel Number
68-001.0-0202.00-000
Land Assessment
$56,463 CAD
Improvements Assessment
$1,298,661 CAD
Total Assessment
$1,355,124 CAD
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