1537 Bridge St 11,000 SF 100% Leased Retail Building New Cumberland, PA 17070 $1,300,000 ($118.18/SF)
INVESTMENT HIGHLIGHTS
- Large parking lot. Building is 11K sf and can be used for many different types of end uses.
- Zoning allows for a varied of uses.
- Excellent location and visibility. .5 miles to Rt. 83.
- Building can be repurposed for a variety of different uses.
EXECUTIVE SUMMARY
Existing Business is Relocating.
Prime Location on Brdige St.
Building can be re-purposed with many types of end uses permitted.
4 Parcels- total Acres: .86 ac.
5 offices.
Front offices and Showroom completely remodeled 2 yrs ago. ($150K)
Tall illuminated outdoor sign. Worth about $75k.5 lifts with room for 3 more. (purchasing of lifts negotiable)
Huge central compressor for air tools.(purchasing of lifts negotiable)
Central exhaust system for pulling exhaust out of the air.
Wash bay
Garage door opening system
Parts counter
Misc items: includes things like shelving units, compressor air hoses, signs, garage door openers, lighting, etc. (purchasing of items negotiable)
Two tenant leases in place to help offset other building operating expenses
$2,175/mth. A carpet cleaner business just signed a year lease on a back 2,100 sf open garage bay.
$300/mth local small contractor uses some basement storage.
Total Estimated Real Estate Taxes: $12,722.00
Note: the .46 ac blacktopped lot are the rear – 1539 Rear Bridge – is not part of this sale, but the owner is open to discussions on using the lot.
Prime Location on Brdige St.
Building can be re-purposed with many types of end uses permitted.
4 Parcels- total Acres: .86 ac.
5 offices.
Front offices and Showroom completely remodeled 2 yrs ago. ($150K)
Tall illuminated outdoor sign. Worth about $75k.5 lifts with room for 3 more. (purchasing of lifts negotiable)
Huge central compressor for air tools.(purchasing of lifts negotiable)
Central exhaust system for pulling exhaust out of the air.
Wash bay
Garage door opening system
Parts counter
Misc items: includes things like shelving units, compressor air hoses, signs, garage door openers, lighting, etc. (purchasing of items negotiable)
Two tenant leases in place to help offset other building operating expenses
$2,175/mth. A carpet cleaner business just signed a year lease on a back 2,100 sf open garage bay.
$300/mth local small contractor uses some basement storage.
Total Estimated Real Estate Taxes: $12,722.00
Note: the .46 ac blacktopped lot are the rear – 1539 Rear Bridge – is not part of this sale, but the owner is open to discussions on using the lot.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
11,000 SF
Year Built/Renovated
1983/2024
Price
$1,300,000
Price Per SF
$118.18
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.86 AC
Zoning
Mixed Use - Mixed Use. See New Cumberland Link for permitted uses. Allows for most retail, restaurants, convenience store, brewery, offices, daycare, residential.
Frontage
250’ on Bridge St
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $547,800 | |
| Land Assessment | $125,200 | Total Assessment | $673,000 |
