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Carol Shugars
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Mobile Phone:
215-327-0137
carol.shugars@
foxroach.com
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FOR SALE
$1,995,000

119 N 3rd Street
Denver, PA 17517

Industrial, Business Opportunities
Commercial
44,591
Sq. Ft.
1.6
Acre Lot
Courtesy: Cavalry Realty, LLC; Phone: 7172833770
Home> Pennsylvania> Denver> 17517
This is an exceptional opportunity to own a historic building in downtown Denver, PA. +/- 45,000 SF Industrial building 100% leased to UHURU, a Brooklyn based furniture design firm. 2.8 years remaining on the initial term. NOI $127,739, 6.5% CAP RATE!! Landlord pays property taxes and maintains exterior of the building and roof. Rent escalates 2.5% annually and Tenant has two 5-year renewals remaining. There was a substantial amount of money on building improvements. Upgrades to Sprinkler System, Central Heating Plant and Fire Alarm Systems. Painted inside and out 2016. Also includes parcel 1407224500000, parking lot on over 1 acre of land. Owners are licensed Pennsylvania Real Estate Salespersons.
PALA2043856
Industrial, Business Opportunities, Other
LANCASTER
1985
1.6 Acres
Public
Brick,Metal
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Courtesy: Cavalry Realty, LLC; Phone: 7172833770
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 4/27/2024 2:02 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.