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Prime Investment Opportunity 149 Bond Ln

3,536 SF 100% Leased Office Building Brodheadsville, PA 18322 $384,000 ($109/SF) 11.66% Cap Rate

Executive Summary

Property is Under Agreement / Back up Offers Only.
+/- 3,536 SF office building for sale. The property is currently leased and offers the flexibility to be delivered vacant with proper notice to tenants. This property features four private offices, a full kitchen, full bathroom with a converted garage with a built-out one-bedroom, one-bath apartment originally designed to be used as a training simulator for the current tenant and could be effortlessly transitioned back to office space. The potential of the building is untapped with the versatility of various uses such as apartment buildings, Group homes, single-family/townhomes, retail, bakeries, business offices, microbreweries, restaurants, trade schools, and many more.
Located on heavily traveled Route 209, with high visibility and easy access. Situated next to Brodheadsville Veterinary Clinic, Wawa, St. Luke's Center, LVHN Express Care, and other local and national tenants.
The building is well-maintained by the ownership and supports on-site parking for 10 Vehicles. Call today for additional details.

Financial Summary (Actual - 2022)

Annual Annual Per SF
Gross Rental Income $51,600 $14.59
Other Income - -
Vacancy Loss - -
Effective Gross Income $51,600 $14.59
Taxes $5,457 $1.54
Operating Expenses $1,362 $0.39
Total Expenses $6,819 $1.93
Net Operating Income $44,781 $12.66

Financial Summary (Actual - 2022)

Gross Rental Income
Annual $51,600
Annual Per SF $14.59
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $51,600
Annual Per SF $14.59
Taxes
Annual $5,457
Annual Per SF $1.54
Operating Expenses
Annual $1,362
Annual Per SF $0.39
Total Expenses
Annual $6,819
Annual Per SF $1.93
Net Operating Income
Annual $44,781
Annual Per SF $12.66

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,536 SF
Building Class
B
Year Built
1950
Price
$384,000
Price Per SF
$109
Cap Rate
11.66%
NOI
$44,780
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,536 SF
Building FAR
0.08
Lot Size
1.01 AC
Zoning
VC - Village Center
Parking
10 Spaces (2.83 Spaces per 1,000 SF Leased)

Amenities

  • Central Heating

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 3,536 SF
  • Office/Retail
  • Partial Build-Out
  • 60 Days

Flexible corner office/retail space

Space Size Space Use Condition Available
1st Floor 3,536 SF Office/Retail Partial Build-Out 60 Days

1st Floor

Size
3,536 SF
Space Use
Office/Retail
Condition
Partial Build-Out
Available
60 Days

1st Floor

Size 3,536 SF
Space Use Office/Retail
Condition Partial Build-Out
Available 60 Days

Flexible corner office/retail space

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02.3.1.47-1
Land Assessment
$44,000 (2024)
Improvements Assessment
$132,000 (2024)
Total Assessment
$176,000 (2024)
Annual Taxes
$5,457 ($1.54/SF)
Tax Year
2022
  • Listing ID: 29568286

  • Date on Market: 9/20/2023

  • Last Updated:

  • Address: 149 Bond Ln, Brodheadsville, PA 18322

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