The Daniel Perich Group of KW Commercial Real Estate is offering the opportunity to acquire this fully operational steel manufacturing facility in Bangor, PA. Located at 530 Main St, this 8,652 square foot facility is primarily a clear span building with 16-foot ceilings, equipped with all necessary manufacturing equipment, ready for immediate use. The building includes a 364 square foot second-floor office space, providing administrative capabilities directly on-site. This facility is fully built out for steel manufacturing operations, with the existing business, Bangor Steel (established in 2010) included in the asking price.
Bangor, PA is strategically positioned with access to major transportation routes, enhancing logistical operations for shipping and receiving. Despite being located in a flood plain, the area offers economic advantages and community support for industrial businesses.
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."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.