1104-1106 N Herr St - Warehouse FOR SALE


Harrisburg, PA 17103- East Harrisburg
$799,000 USD
717-713-1694
1104-1106 N Herr St, Harrisburg, PA for Sale
$799,000 USD
Warehouse - FOR SALE
1/7
null | 8.76% Cap Rate

1104-1106 N Herr St
Harrisburg, PA 17103
East Harrisburg


HIGHLIGHTS

  • 3-unit investment property
  • +/- 18,692 SF auto repair shop, +/- 200 SF hair salon, +/- 5,000 SF electronics store
  • 8.75% CAP Rate
  • $65,955.82 NOI (2023)
  • Industrial zoning
  • Includes 2 dock doors and 2 drive-ins

OVERVIEW

Available for sale is this income-producing commercial property with three tenants in place. Located in the City of Harrisburg, this investment provides a great opportunity for an investor or an owner-user, given the flexibility of the existing lease terms. While retail tenants have historically operated the commercial units facing Herr St, the industrial zoning allows for a wider variety of uses throughout the building. The off street parking area is currently being used for storage by the auto repair tenant, and one dock door and one drive-in each face this area. There are two off-street parking areas, one to the rear of the building and one across the alley, that this property's tenants currently rent. The owner of those lots will consider offers. The seller is open to financing for qualified buyers. Income and expenses are available with a signed confidentiality agreement. Contact the listing agent for more details.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$33 USD /SF

CAP RATE

8.76%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Auto Repair, Storefront, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

UTILITIES

Lighting - Fluorescent, Gas, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

24 Ft

DOCKS

2

DRIVE INS

2

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.55

LAND SF

23,892

ZONING

Industrial

APN/PARCEL ID

07-073-045

ASK ABOUT THIS PROPERTY

Sam HostetterCapstone CommercialMore Info
717-713-1694

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Sam HostetterCapstone CommercialMore Info
717-713-1694

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.