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425 Mercer St 10,000 SF 70% Leased Office Building Volant, PA 16156 $630,906 CAD ($63.09 CAD/SF) 20% Cap Rate

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Investment Highlights

  • Minutes from Grove City
  • Close to Grove City College and Westminster College
  • 2 Miles from State Route 19

Executive Summary

KW Commercial is pleased to present the Former Volant Elementary School - Buy or lease a piece of history. The fully renovated interior of this vintage brick boasts offices, conference and reception areas, and has a full technology upgrade. Four modern apartments allow for corporate guests or full time tenants.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
10,000 SF
Building Class
C
Year Built
1890
Price
$630,906 CAD
Price Per SF
$63.09 CAD
Cap Rate
20%
NOI
$126,181 CAD
Percent Leased
70%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,000 SF
Slab To Slab
10’
Building FAR
0.49
Lot Size
0.47 AC
Zoning
R3 - Multi-family Residential
Parking
30 Spaces (3 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Security System

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 3,000 SF
  • Office
  • Full Build-Out
  • Now

Ancienne école élémentaire Volant - Achetez ou louez un morceau d'histoire. L'intérieur entièrement rénové de ce bâtiment en briques vintage offre des bureaux, des salles de conférence et des espaces de réception, avec une mise à niveau technologique complète. Quatre appartements modernes permettent d'accueillir des invités d'affaires ou des locataires à temps plein. Accès conforme à l'ADA.

Space Size Space Use Condition Available
1st Floor 3,000 SF Office Full Build-Out Now

1st Floor

Size
3,000 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 3,000 SF
Space Use Office
Condition Full Build-Out
Available Now

Ancienne école élémentaire Volant - Achetez ou louez un morceau d'histoire. L'intérieur entièrement rénové de ce bâtiment en briques vintage offre des bureaux, des salles de conférence et des espaces de réception, avec une mise à niveau technologique complète. Quatre appartements modernes permettent d'accueillir des invités d'affaires ou des locataires à temps plein. Accès conforme à l'ADA.

Property Taxes

Property Taxes

Parcel Number
20-007100
Land Assessment
$19,290 CAD
Improvements Assessment
$54,901 CAD
Total Assessment
$74,191 CAD
  • Listing ID: 8174151

  • Date on Market: 2017-07-17

  • Last Updated:

  • Address: 425 Mercer St, Volant, PA 16156

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