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4601 Devonshire Rd
Harrisburg, PA 17109
Office Property For Sale
Investment Highlights
- Prime location near Jonestown Road, surrounded by numerous businesses, shopping centers, and dining options
- New roof (2019) and updated HVAC (2024)
- Fully leased to three long-term tenants, making it an ideal investment opportunity
Executive Summary
Landmark Commercial Realty is pleased to present this 8,795 SF fully occupied medical office building in Harrisburg presenting a prime investment opportunity in the heart of Colonial Park. Strategically located near heavily trafficked Jonestown Road, the property offers excellent visibility and accessibility, surrounded by a multitude of businesses and popular eateries. It is home to three long-term tenants, including a dental office, spa, and daycare, ensuring stable rental income. The dental office features a two-year renewal
option with a total of five renewal periods, providing future leasing security. The building boasts abundant parking for tenants and visitors, a newer roof, and a brand-new rooftop HVAC system installed in March 2024, enhancing its long-term value and efficiency.
option with a total of five renewal periods, providing future leasing security. The building boasts abundant parking for tenants and visitors, a newer roof, and a brand-new rooftop HVAC system installed in March 2024, enhancing its long-term value and efficiency.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
8,795 SF
Building Class
C
Year Built
1970
Price
$1,982,223 CAD
Price Per SF
$225.38 CAD
Cap Rate
7.52%
NOI
$149,100 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,397 SF
Building FAR
0.18
Lot Size
1.11 AC
Zoning
Office - intended for office buildings and related uses. They may also allow for certain retail and service establishments that support office activities.
Parking
50 Spaces (5.1 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | 35-042-187 | Improvements Assessment | $483,079 CAD |
| Land Assessment | $229,902 CAD | Total Assessment | $712,981 CAD |
Property Taxes
Parcel Number
35-042-187
Land Assessment
$229,902 CAD
Improvements Assessment
$483,079 CAD
Total Assessment
$712,981 CAD
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