Office Space For Sale - 1935 W MARKET ST, POTTSVILLE, PA 17901

Explore this Property

Commercial investment property in Pottsville offering 26,361 square feet, long-term tenants, and 3% seller financing with the first payment not due until six months after purchase. The property currently generates $100,440 in annual gross rents, with tenants in place for over 10 years on month-to-month leases. Seller financing terms include $81,250 down, $2,604.21 monthly payments, 28-year amortization, a 10-year balloon, and no prepayment penalty. Current annual NOI is reported at $36,373.55 with a reported cap rate of 5.82%. After separating utilities, projected annual NOI is $37,841.16, with a projected 6.05% cap rate and 5.07% cash-on-cash return. The landlord currently pays utilities, providing an opportunity to improve cash flow through separate metering. The building features seven bathrooms, electric heat pumps, a high-efficiency gas boiler, public water and sewer, and approximately 30–40 parking spaces. A corner of the parking lot retaining wall is beginning to lean. Photos, floor plans, GIS map, and additional financial information are available upon request. Buyer to verify all financial information and projections.

MLS# PASK2030190

Realty One Group Supreme

Active For Sale Commercial

$675,000

Office Space

Office

1920 Year built

1 days on market

Property Features

Type

CRE

Acres

0.67

Style

Professional

Cooling

Central A/C

Heating

Forced Air

Sub Type

OfficeSpace

Year Built

1920

Sub Type Text

Office

Construction

Concrete

Accessibility

None

Lot Size Area Units

Square Feet

Location

Directions: From Route 61, enter Pottsville and turn onto W Norwegian Street. Turn onto S Centre Street, then right onto W Market Street. Continue west past 16th Street toward Yorkville to 1935 W Market Street.

Market Area: Pottsville (13368)