Government Leased Office Investment + 160 Acres of Improved Land

648 Gordon Nagle Trail Pottsville, PA 17901

FOR SALE
Property Type:
Multi Tenant Office
Amount:
$1,200,000
Last Verified:
Dec 16, 2020

Highlights

  • Great investment opportunity plus 160 acres of improved land.
  • A multi-tenant office building leased to Schuylkill County government.
  • 80 acres surrounding five award winning baseball fields, three commercial pad sites, and 37 residential lots and apartment building lot are $1,000,000.
  • The residential lots only need final township approval to start construction.
  • Currently 51 homes in Seiders Hill development ranging from $150-380K, built in 1995.
  • Great opportunity for upside potential either in the new development or selling off future development.
  • Population is 24,490 and average household income is $85,472.
  • Tenants in the office building are the original tenants.
  • All utilities already at the site and has sewer capacity.
  • Just a short distance from the intersection of Rt. 61 & Rt. 78. Also a short distance from Rt. 81.

Description

Great multi-tenant investment opportunity plus 80+ acres of land. Multi-tenant office building is leased to Schuylkill County government. The county just renewed and exercised their 5 year option early which shows commitment to the site.

80 acres surrounding five award winning baseball fields, three commercial pad sites, and 37 residential lots and apartment building lot. The residential lots only need final township approval to start construction and are an extension of a single family housing neighborhood. There are currently 51 homes in Seiders Hill development ranging from $150-380K, built in 1995. Great opportunity for upside potential either in the new development or selling off future development. Population is 24,490 and average household income is $85,472.

Tenants in the office building are the original tenants. Building is adjacent to the Luther Ridge at Seiders Hill assisted living facility and adjacent to the doctor’s office owned by Lehigh Valley Hospital. Also adjacent to the office building is a brand new 40 bed nursing home currently under construction.

All utilities already at the site and has sewer capacity. Just a short distance from the intersection of Rt. 61 & Rt. 78. Also a short distance from Rt. 81.

Call broker for price allocation.

80 acres surrounding five award winning baseball fields, three commercial pad sites, and 37 residential lots and apartment building lot.. The residential lots only need final township approval to start construction and are an extension of a single family housing neighborhood. There are currently 51 homes in Seiders Hill development ranging from $150-380K, built in 1995. Great opportunity for upside potential either in the new development or selling off future development. Population is 24,490 and average household income is $85,472.

Building Size: 7490sq ft
Building Class: B
Lot Size: 0 acres

Map of 648 Gordon Nagle Trail, Pottsville, PA, 17901

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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