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134 Broadway 4,048 SF 100% Leased Office Building Bangor, PA 18013 $399,000 ($98.57/SF)
EXECUTIVE SUMMARY
Rare opportunity to acquire a 4,048 SF building with significant development potential and substantial groundwork already completed by an experienced general contractor/developer.
Property Highlights: 4,048 square feet with flexible use options. Current: Office space. Potential: 5–8 residential units with ground-floor commercial, or single-family home. Architectural drawings for multi-unit conversion available. Two presentations completed before the Borough planning committee. Sewer EDU requests initiated and parking solutions designed. Final approvals are still pending. Value Proposition: After-repair value for the fully developed property significantly exceeds current asking price, representing exceptional upside for qualified investors or developers.
Unique Advantage: Seller is a licensed general contractor willing to provide consultation and construction services, offering invaluable insight into completing approvals and construction efficiently.
Why Available: Seller pursuing other large-scale project commitments.
Ideal For: Experienced investors seeking value-add opportunities, Developers comfortable with entitlement processes, and Buyers wanting single-family conversion or multi-unit income property. All planning documentation, drawings, and approval correspondence available for review.
Property Highlights: 4,048 square feet with flexible use options. Current: Office space. Potential: 5–8 residential units with ground-floor commercial, or single-family home. Architectural drawings for multi-unit conversion available. Two presentations completed before the Borough planning committee. Sewer EDU requests initiated and parking solutions designed. Final approvals are still pending. Value Proposition: After-repair value for the fully developed property significantly exceeds current asking price, representing exceptional upside for qualified investors or developers.
Unique Advantage: Seller is a licensed general contractor willing to provide consultation and construction services, offering invaluable insight into completing approvals and construction efficiently.
Why Available: Seller pursuing other large-scale project commitments.
Ideal For: Experienced investors seeking value-add opportunities, Developers comfortable with entitlement processes, and Buyers wanting single-family conversion or multi-unit income property. All planning documentation, drawings, and approval correspondence available for review.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Building Size
4,048 SF
Building Class
C
Year Built/Renovated
1884/1967
Price
$399,000
Price Per SF
$98.57
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
1,349 SF
Building FAR
0.79
Lot Size
0.12 AC
Zoning
Mixed use - See attached Zoning Ordinances.
AMENITIES
- Storage Space
1 1
Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | E9NE2D 12 1 0102 | Improvements Assessment | $48,500 |
| Land Assessment | $14,300 | Total Assessment | $62,800 |
PROPERTY TAXES
Parcel Number
E9NE2D 12 1 0102
Land Assessment
$14,300
Improvements Assessment
$48,500
Total Assessment
$62,800
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134 Broadway
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