201 Erie St - Office FOR SALE


Grove City, PA 16127
$575,000 USD
724-405-7653
201 Erie St, Grove City, PA for Sale
$575,000 USD
Office - FOR SALE
1/51
null | 10.41% Cap Rate

201 Erie St
Grove City, PA 16127


HIGHLIGHTS

  • Great Long-Term Tenants in Place
  • Modern Office Amenities
  • Central Location

OVERVIEW

CASH FLOWING turn-key commercial building and lot for sale in the heart of Grove City! With two well-established and long-term professional office tenants in place, this building will produce steady income for years to come. A total of 4 units and 9,200 square feet of office space, all of which is currently leased, come with the sale. Three units (B, D & E) are leased to one tenant, and one unit (A) is leased to the other tenant. Businesses are not for sale. Paved parking lot with 48 parking spaces! Access the parking lot from three different streets! Brand new AC & furnace in two of the units (A & D). This building currently grosses over $94k! Currently priced as a 10 cap! If you are looking for your next, or first, investment, look no further!

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/SF

$63 USD /SF

CAP RATE

10.41%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Units A, B, D & E

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

Industrial

APN/PARCEL ID

59-551-085-201-001/002/004/005

ASK ABOUT THIS PROPERTY

Ryan BonnerBonner Realty, LLCMore Info
724-405-7653

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Ryan BonnerBonner Realty, LLCMore Info
724-405-7653

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