$1,369,000
$1,369,000
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44,500 SqFt
SOLD DATE : 07/30/2018
Key Details
Sold Price $1,369,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 44,500 sqft
Price per Sqft $30
Subdivision Denver
MLS Listing ID 1002664417
Sold Date 07/30/18
HOA Y/N N
Originating Board LCAOR
Year Built 1985
Annual Tax Amount $10,497
Tax Year 2018
Lot Size 1.600 Acres
Acres 1.6
Lot Dimensions irregular
Property Description
This is an exceptional opportunity to own a historic building in downtown Denver, PA. Property is currently 100% leased. 8+ years remaining. This is a Net Lease, Landlord responsible for property taxes, 9.13+ CAP RATE!! Owners have invested a substantial amount of money over the past 18 months. Upgrades to Sprinkler System, Central Heating Plant and Fire Alarm Systems. Newly painted inside and out. Building has a current occupancy permit issued in 2017. Also includes parcel 1407224500000, parking lot on over 1 acre of land.
Location
State PA
County Lancaster
Area Denver Boro (10514)
Zoning COMMERCIAL
Interior
Hot Water Electric
Heating Gas
Cooling Wall Unit
Fireplace N
Heat Source Natural Gas
Exterior
Garage Spaces 45.0
Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available
Waterfront N
Water Access N
Roof Type Flat,Pitched,Rubber
Accessibility None
Road Frontage City/County
Parking Type Parking Lot
Garage N
Building
Sewer No Septic System
Water Public
New Construction N
Schools
School District Cocalico
Others
HOA Fee Include Other
Tax ID 1408460600000
Ownership Other
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Scott A Rhoades • Cavalry Realty, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "