The Subject Property is a 61,870 SF Class B - Flex, Office - Industrial Building. The property sits on 2.17 acres on North 6th Street which provides easy access to I-81,I-83, US 22, US 322, as well as the City of Harrisburg. The property includes an 82 space gated parking lot plus there is additional street parking available. The building is brick and block construction and has a large amount of windows to provide natural light. A portion of the property has two floors, the remainder is single story and ceiling heights range from 9' up to 19'. There are two (2) loading docks and nine (9) drive ins total in the building, five on the north side and four of the south facing side of the building.
The Property had $1,000,000 in renovations competed during 2016 & 2017 including new roof, new mechanical doors for industrial space, and all lights have been converted to LED. Windows were replaced plus eight new windows were added in the renovated office space to add more light. All electric was updated to new 800 AMP 3 Phase 460V service. Roof has more than ten years remaining under warranty. There is a clear environmental report on file for the property along with proof that all underground tanks have been removed. There are 2-4 units available that have been renovated which provides the value add component to this asset.
There is the ability to keep vacancies low in this building because of the Industrial General (IG) Zoning designation. This is significant because the IG zoning is very small in the Township, and this property is located near the Norfolk Southern (NS) Harrisburg Intermodal Terminal which went through a major expansion in 2011 to accommodate the growth of manufacturing and distributing in Central PA. This train line is the primary transportation center for tractor trailers to be shipped by train across the country. The Pennsylvania Line of NS can see upwards of 100 trains per day. The NS Intermodal Terminal in Harrisburg allows trucking companies to have their trailers loaded onto a train and sent in bulk across the country. Currently this terminal has several daily routes going to Chicago, IL, Kansas City, MO, and St. Louis, MO.
Many of the current tenants have been in the property for long periods of time and are directly tied to rail and trucking industries. The Industrial General Zones are the only spaces in the Township that allows for- 1) Motor freight transportation support activities, truck terminals, service, and maintenance facilities- 2) Railroad support activities, railroad switching and terminal establishments- 3) Electronic and precision equipment repair and maintenance.
