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123-125 N. Enola Drive 125 N Enola Dr

45,000 SF 73% Leased Office Building Enola, PA 17025 $2,650,000 ($59/SF)

Investment Highlights

  • Two office buildings on the same parcel totaling approximately 42,000 SF
  • Building 2: Newer office building available for end-user
  • Affordable lease terms
  • Building 1: Converted school building with multiple office suites
  • Renovated offices and common areas
  • Great neighborhood setting

Executive Summary

24 office rental units, a significant number of which are leased and have a size of less than 1,000 SF. These offices are situated in two buildings on the same property, both available for sale. One is a converted school spanning 30,000 SF, featuring numerous office suites, and the other is a newer 12,360 SF office building intended for an end user. The property had many upgrades in the very recent past and is minutes from Route 11/15 and I-81. Centrally located near
East Pennsboro schools, Central Penn College, and Penn State Health Holy Spirit Medical Center.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
45,000 SF
Building Class
B
Year Built/Renovated
1920/2006
Price
$2,650,000
Price Per SF
$59
Percent Leased
73%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
15,000 SF
Building FAR
0.53
Land Acres
1.94 AC
Zoning
Village Overlay District - RHD Residential High-Density District - 123 N. Enola Dr; CL Commercial Limited District - 125 N. Enola Dr; Village Overlay District - entire property

Amenities

  • Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste 206
  • 890 SF
  • Office
  • Full Build-Out
  • 30 Days

Tenant responsible for in suite trash removal, janitorial, cable, internet, phone, and light bulbs. Landlord is responsible for common areas. All applicant(s) must complete a Mike Murphy Rentals application

  • 2nd Fl-Ste 207
  • 1,100 SF
  • Office
  • Full Build-Out
  • 30 Days

Tenant responsible for in suite trash removal, janitorial, cable, internet, phone, and light bulbs. Landlord is responsible for common areas. All applicant(s) must complete a Mike Murphy Rentals application.

Space Size Space Use Condition Available
2nd Fl-Ste 206 890 SF Office Full Build-Out 30 Days
2nd Fl-Ste 207 1,100 SF Office Full Build-Out 30 Days

2nd Fl-Ste 206

Size
890 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

2nd Fl-Ste 207

Size
1,100 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

2nd Fl-Ste 206

Size 890 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

Tenant responsible for in suite trash removal, janitorial, cable, internet, phone, and light bulbs. Landlord is responsible for common areas. All applicant(s) must complete a Mike Murphy Rentals application

2nd Fl-Ste 207

Size 1,100 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

Tenant responsible for in suite trash removal, janitorial, cable, internet, phone, and light bulbs. Landlord is responsible for common areas. All applicant(s) must complete a Mike Murphy Rentals application.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-14-0832-189
Land Assessment
$473,200
Improvements Assessment
$1,144,800
Total Assessment
$1,618,000
  • Listing ID: 23232816

  • Date on Market: 5/28/2021

  • Last Updated:

  • Address: 125 N Enola Dr, Enola, PA 17025

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