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205 Kittanning St

55,000 SF 15% Leased Industrial Building Butler, PA 16002 $850,000 ($15/SF)

Investment Highlights

  • The plant has natural gas heat, air conditioning, and high bay lighting.
  • The property and equipment boasts heavy power, 32' clear heights, five drive-in doors, and nine cranes with hook heights ranging from 12' to 32'.
  • Plant 2 is a 55,000 SF building located in Butler, PA 16002, with a 2.46-acre property.

Executive Summary

Recently classified by the City of Butler as a federal opportunity zone.

Plant 2 - 205 Kittanning Street, Butler, PA 16002Building - approximately 55,000 SF, Property - 2.46 acresPower - 1200 Amp, 120/ 208 V, 3 phaseHeat - natural gas spot radiant heaters, two wood burnersZoned IndustrialOffice - built 1975 - 2,600 square feet, ten offices, natural gas heat, air conditioningBay 1 - built 1975 - Main area - 60 x 100, plus sand blast area 40 x 44, 32 highHigh bay lighting One - 10 ton crane (28 under hook) Main area has one - 16 x 16 roll up door and one - 16 wide x 14 roll up door Sand blast area has one - 16 x 14 roll up door and one swing out door 16 x 16Bay 2 - built 1965 - 62 x 220 (center column row 220), 32 high, plus attached area 20 x 80, 14 high High bay lighting Six - 5 ton cranes (19 under hook)Six - ton jib cranesThree - 16 wide x 14 high roll up doors lunch room, bath rooms and tool rooms (in 20 x 80 space)Bay 3 - built 1959 - 60 x 280 (center column row 280), 13 highNew T8 lighting One 16 wide x 12 high roll up doorFour - 2 ton cranes (11 under hook)Bay 4 - built 1975 - 80 x 122, 36 high

Financial Summary (Actual - 2023)

Annual Annual Per SF
Taxes - -
Operating Expenses $7,496 $0.14
Total Expenses $7,496 $0.14

Financial Summary (Actual - 2023)

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual $7,496
Annual Per SF $0.14
Total Expenses
Annual $7,496
Annual Per SF $0.14

Property Facts

Price $850,000
Price Per SF $15
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 2.46 AC
Rentable Building Area 55,000 SF
No. Stories 1
Year Built 1975
Parking Ratio 0.54/1,000 SF
Clear Ceiling Height 32 FT
No. Drive In / Grade-Level Doors 5
Opportunity Zone Yes

Utilities

  • Gas - Natural
  • Heating - Gas

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • GCL Inc
  • -
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
GCL Inc - - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 47,000 SF
  • Industrial
  • Full Build-Out
  • Now

47,000 square feet of rare heavy industrial work space with many drive-in doors and cranes.

Space Size Space Use Condition Available
1st Floor 47,000 SF Industrial Full Build-Out Now

1st Floor

Size
47,000 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 47,000 SF
Space Use Industrial
Condition Full Build-Out
Available Now

47,000 square feet of rare heavy industrial work space with many drive-in doors and cranes.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
562-41-6-0000
Land Assessment
$16,833 (2024)
Improvements Assessment
$27,606 (2024)
Total Assessment
$44,439 (2024)

zoning

Zoning Code HI (Heavy Industrial)
HI (Heavy Industrial)
  • Listing ID: 3675641

  • Date on Market: 6/3/2015

  • Last Updated:

  • Address: 205 Kittanning St, Butler, PA 16002

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