Lepsch Property | 1202 7th St
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Lepsch Property 1202 7th St
3,635 SF Retail Building Seward, PA 15954 $114,900 ($31.61/SF)
INVESTMENT HIGHLIGHTS
- High Visibility
- Prior business successful for over 40 years. Owners passing is only reason for selling properties.
- Building has many uses. Lot across the street has additional parking and storage buildings
EXECUTIVE SUMMARY
Building is in average to good overall condition. Formerly an auto body repair shop. It has many alternative uses, i.e. truck repair, welding shop, storage facility, sales and service business of any kind. Interior bulk elevator provides access to 24' x 6-' storage area on 2nd floor. The parking lot (75' x 82.5') is located directly across the street. It's partially improved with a frame storage building and functional frame lean-to three-sided buildings for storage. Both properties are included in the sale price.
The main building has approx. 3,635 sf of GBA. It features three garage bays, 200 Amp entrance, oil & coal furnaces, 1/2 bath, and small office area. 7th Street is used as the main ingress and egress street into the town of Seward. Rte 56 is less than 100' from the property which is visible to heavy traffic along Rte 56.
The main building has approx. 3,635 sf of GBA. It features three garage bays, 200 Amp entrance, oil & coal furnaces, 1/2 bath, and small office area. 7th Street is used as the main ingress and egress street into the town of Seward. Rte 56 is less than 100' from the property which is visible to heavy traffic along Rte 56.
TAXES & OPERATING EXPENSES (ACTUAL - 2022) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2022) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS Under Contract
Sale Type
Owner User
Property Type
Building Size
3,635 SF
Year Built
1950
Price
$114,900
Price Per SF
$31.61
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.26 AC
Zoning
None
Parking
20 Spaces (5.5 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 31-01-04-0-004 | Total Assessment | $15,420 (2024) |
| Land Assessment | $2,550 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $12,870 (2024) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
31-01-04-0-004
Land Assessment
$2,550 (2024)
Improvements Assessment
$12,870 (2024)
Total Assessment
$15,420 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022
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Lepsch Property | 1202 7th St
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