103 N Gilpin St
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103 N Gilpin St
23,350 SF 36% Leased Office Building Punxsutawney, PA 15767 $385,000 ($16/SF)
Investment Highlights
- 20 units
- Public restrooms
- Elevator
Executive Summary
This well- maintained 20 unit office building offers an exceptional investment opportunity. Complete with an elevator and 2 public restrooms, this property also includes a 6980 Sf parking lot nearby. Solar panels have been added to the building within the last 5 years and there is an alarm system on the building for safety. Most offices are currently rented so this is a turn-key investment opportunity. Revenue has been consistent for 3 years. At least 50% occupancy of tenants for 3 years. Income/Expense reports on request.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Financial Summary (Actual - 2024) Click Here to Access
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
23,350 SF
Building Class
C
Year Built
1900
Price
$385,000
Price Per SF
$16
Percent Leased
36%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
11,675 SF
Building FAR
1.95
Lot Size
0.28 AC
Zoning
commercial
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Walk Score ®
Very Walkable (73)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $70,640 | |
Land Assessment | $20,820 | Total Assessment | $91,460 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$20,820
Improvements Assessment
$70,640
Total Assessment
$91,460
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Presented by
Rupp Real Estate
103 N Gilpin St
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