339 E Cottage Place
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339 E Cottage Place
15,360 SF 100% Leased Flex Building York, PA 17403 $720,000 ($47/SF) 9.40% Cap Rate
Investment Highlights
- 9.4% CAP on existing income, Upper level fully renovated for a daycare, Commercial kitchen, Fenced play area
Executive Summary
Investment opportunity at 9.4% CAP rate on existing income from established daycare. Upper level was fully renovated to meet optimized daycare functionality with 6 rooms. Strong residential density in surrounding area. Conveniently located in York City. Just off South Queen St. Close proximityto York Memorial Park, Wellspanand York Hospital.
Property Facts Under Contract
| Price | $720,000 | Rentable Building Area | 15,360 SF |
| Price Per SF | $47 | No. Stories | 2 |
| Sale Type | Investment | Year Built/Renovated | 1960/2002 |
| Cap Rate | 9.40% | Parking Ratio | 1.25/1,000 SF |
| Property Type | Flex | Clear Ceiling Height | 11 FT 6 IN |
| Property Subtype | Light Distribution | No. Dock-High Doors/Loading | 1 |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.49 AC |
| Price | $720,000 |
| Price Per SF | $47 |
| Sale Type | Investment |
| Cap Rate | 9.40% |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | C |
| Lot Size | 0.49 AC |
| Rentable Building Area | 15,360 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2002 |
| Parking Ratio | 1.25/1,000 SF |
| Clear Ceiling Height | 11 FT 6 IN |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
Amenities
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 10-264-02-0020.00-00000 | Improvements Assessment | $252,560 |
| Land Assessment | $83,070 | Total Assessment | $335,630 |
PROPERTY TAXES
Parcel Number
10-264-02-0020.00-00000
Land Assessment
$83,070
Improvements Assessment
$252,560
Total Assessment
$335,630
zoning
| Zoning Code | RS (Resdential - Single Family) |
| RS (Resdential - Single Family) |
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Kevin Hodge -
Rock Commercial Real Estate, LLC
(717) 854-5357
x110
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339 E Cottage Place
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