1108 E Chocolate Ave | Hershey, PA 17033
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1108 E Chocolate Ave
Hershey, PA 17033
Office Property For Sale
Investment Highlights
- Sound investment opportunity
- Remaining suite ideal for owner/user
- Strong in-place cash-flow with quality tenants
- 19 covered parking spaces ideal for Pennsylvania’s unpredictable climate
Executive Summary
A well-maintained medical office building in Hershey, PA, spanning 7,800 square feet, is now available for sale. Comprising three individual office suites, two are currently occupied by Endodontics Associates and Dr. Mayes, while the third suite, formerly leased by Periodontal Associates, presents an ideal opportunity for a new buyer/user. Situated across from the Hershey Country Club and just minutes from Downtown Hershey, it provides an ideal location for those seeking a presence in Hershey with potential for future expansion and existing rental income.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,692 SF
Building Class
B
Year Built/Renovated
1984/2019
Price
$1,395,000
Price Per SF
$181
Percent Leased
67%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,692 SF
Building FAR
0.39
Lot Size
0.45 AC
Parking
19 Spaces (2.47 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 24-006-160 | Improvements Assessment | $665,700 |
| Land Assessment | $133,000 | Total Assessment | $798,700 |
PROPERTY TAXES
Parcel Number
24-006-160
Land Assessment
$133,000
Improvements Assessment
$665,700
Total Assessment
$798,700
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