206 SCHUYLKILL MEDICAL PLAZA, SUITE 206 Active Save Request In-Person Tour Request Virtual Tour
Pottsville,PA 17901
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID PASK134768
HOA Y/N N
Originating Board BRIGHT
Year Built 2002
Annual Tax Amount $16,058
Tax Year 2022
Lot Dimensions 0.00 x 0.00
Property Description
"INVESTMENT PROPERTY FOR SALE." Fully leased office space in professional medical building. New 5 year lease beginning June 1, 2022, with annual 2% increases. Full time management company running the property and tenant space. Lots of windows with nice views. Approximately 5,700 square foot suite under lease on a five year term with an approximate blended five year monthly average rental rate of $6,600.00 . Rental rate includes CAM, interior cleaning, Condo fees and utilities. Tenant is responsible for phone, cable, internet, Tenant insurance naming Landlord as additional insured. Tenant also responsible for minor maintenance including but not limited to changing of light bulbs.
The Rental Rate includes the 12.99% of the Condo Association Fees, utilities and Real Estate Taxes. Building owner responsible for the payment of the Condo Fees (currently $2,100.00) and Real Estate Taxes (Currently $8,349.00). This give your an approximate $33,549.00 offset against the blended rental rate of $79,200.00 giving you an approximate $45,651.00 without any holdback for Capital expenses give you over a 7.5% cap rate.
11 Exam Room/Private Office, one staff area, four H/P rest rooms, reception and waiting area.
Call for details or private showing.
Location
State PA
County Schuylkill
Area Pottsville (13368)
Zoning M-1
Interior
Hot Water Natural Gas
Cooling Central A/C
Flooring Carpet,Ceramic Tile
Inclusions 50+ years with two 10 year options remain on Seller's Leasehold interest in the property
Heat Source Natural Gas
Exterior
Garage Spaces 15.0
Utilities Available Cable TV Available,Phone Available,Sewer Available,Water Available,Electric Available
Waterfront N
Water Access N
Roof Type Shingle
Accessibility Elevator,Level Entry - Main
Parking Type Parking Lot
Total Parking Spaces 15
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools John S. Clarke Elementary Center
Middle Schools D.H.H. Lengel
High Schools Pottsville Area
School District Pottsville Area
Others
Tax ID 68-37-0009.206
Ownership Condominium
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard