"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.
The median home value in Pottsville, PA is $131,500. This is higher than the county median home value of $70,200. The national median home value is $219,700. The average price of homes sold in Pottsville, PA is $131,500. Approximately 50.06% of Pottsville homes are owned, compared to 28.59% rented, while 21.35% are vacant. Pottsville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Pottsville real estate agent to arrange a tour today!
Pottsville, Pennsylvania has a population of 13,827. Pottsville is more family-centric than the surrounding county with 30.93% of the households containing married families with children. The county average for households married with children is 26.91%.
The median household income in Pottsville, Pennsylvania is $39,886. The median household income for the surrounding county is $47,642 compared to the national median of $57,652. The median age of people living in Pottsville is 44 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 19 degrees. The average rainfall is approximately 46.3 inches per year, with 44.1 inches of snow per year.