$3,800,000
$4,250,000
10.6%For more information regarding the value of a property, please contact us for a free consultation.
48,000 SqFt
SOLD DATE : 03/11/2021
Key Details
Sold Price $3,800,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 48,000 sqft
Price per Sqft $79
MLS Listing ID PALN104660
Sold Date 03/11/21
HOA Y/N N
Originating Board BRIGHT
Year Built 2012
Annual Tax Amount $26,195
Tax Year 2018
Lot Size 26.030 Acres
Acres 26.03
Property Description
Great investment and/or opportunity for end user who wants to secure a great location with additional development potential and a great rate of return. Includes 26 acres of industrial land with two 24,000 sq. ft. buildings with high electrical capacity. Five year lease at $399,120.00 per year, triple net. Value added opportunity to build approximately 156,000 sq. ft. of additional building space.
Location
State PA
County Lebanon
Area Millcreek Twp (13224)
Zoning I-2
Direction North
Interior
Hot Water Electric
Heating Other
Cooling Central A/C
Flooring 3000+ PSI
Heat Source Propane - Owned
Exterior
Garage Spaces 28.0
Utilities Available Electric Available, Sewer Available, Water Available
Waterfront N
Water Access N
Street Surface Paved
Accessibility None
Road Frontage Boro/Township
Parking Type Parking Lot
Total Parking Spaces 28
Garage N
Building
Lot Description Cleared, Road Frontage, Subdivision Possible
Foundation Block, Pillar/Post/Pier
Sewer Public Sewer
Water Well, Other, Public Hook-up Available
New Construction N
Schools
Elementary Schools Fort Zeller
Middle Schools Eastern Lebanon County
High Schools Eastern Lebanon County Senior
School District Eastern Lebanon County
Others
Tax ID 24-2395558-372065-0000
Ownership Fee Simple
SqFt Source Estimated
Security Features Smoke Detector
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Thomas M McDermott • NAI Commercial Partners, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "