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Losch Plaza 121 Progress Ave
15,725 SF 100% Leased Office Building Pottsville, PA 17901 $975,000 ($62/SF) 10.02% Cap Rate
Investment Highlights
- Downtown Location with on site parking.
- Near bus route and additional public parking lots.
- 100% occupancy.
Executive Summary
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$232,860
|
$15.52
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$11,643
|
$0.78
|
| Effective Gross Income |
$221,217
|
$14.75
|
| Taxes |
$20,540
|
$1.37
|
| Operating Expenses |
$98,675
|
$6.58
|
| Total Expenses |
$119,215
|
$7.95
|
| Net Operating Income |
$102,002
|
$6.80
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $232,860 |
| Annual Per SF | $15.52 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $11,643 |
| Annual Per SF | $0.78 |
| Effective Gross Income | |
|---|---|
| Annual | $221,217 |
| Annual Per SF | $14.75 |
| Taxes | |
|---|---|
| Annual | $20,540 |
| Annual Per SF | $1.37 |
| Operating Expenses | |
|---|---|
| Annual | $98,675 |
| Annual Per SF | $6.58 |
| Total Expenses | |
|---|---|
| Annual | $119,215 |
| Annual Per SF | $7.95 |
| Net Operating Income | |
|---|---|
| Annual | $102,002 |
| Annual Per SF | $6.80 |
Property Facts
Amenities
- Bus Line
- Natural Light
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
ONLY ONE OFFICE REMAINS OPEN Suite #340. Losch Plaza is located in Downtown Pottsville with attached private and public parking lot. Well maintained building with attractive entrance common area. Suite #340 offers two private offices and reception area. The office is approximately 500 square feet. Elevator Access, $850.00 per month plus electric, two (2) parking spaces in the Losch Lot come with the unit. Tenant is responsible for separate metered electric, phone, cable, and Tenant liability insurance naming Landlord as additional insured. The noted Rental Rates includes Real Estate Taxes, Sewer/Water, trash and all Common Area Charges. Call for details.
| Space | Size | Space Use | Condition | Available |
| 3rd Fl-Ste 340 | 500 SF | Office | Full Build-Out | Now |
3rd Fl-Ste 340
| Size |
| 500 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 340
| Size | 500 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
ONLY ONE OFFICE REMAINS OPEN Suite #340. Losch Plaza is located in Downtown Pottsville with attached private and public parking lot. Well maintained building with attractive entrance common area. Suite #340 offers two private offices and reception area. The office is approximately 500 square feet. Elevator Access, $850.00 per month plus electric, two (2) parking spaces in the Losch Lot come with the unit. Tenant is responsible for separate metered electric, phone, cable, and Tenant liability insurance naming Landlord as additional insured. The noted Rental Rates includes Real Estate Taxes, Sewer/Water, trash and all Common Area Charges. Call for details.
PROPERTY TAXES
| Parcel Number | 68-21-0124.000 | Total Assessment | $207,115 |
| Land Assessment | $18,375 | Annual Taxes | $20,540 ($1.31/SF) |
| Improvements Assessment | $188,740 | Tax Year | 2024 |
PROPERTY TAXES
Presented by
Losch Plaza | 121 Progress Ave
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