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143 E Wallace Ave
New Castle, PA 16101
Office Property For Sale

Investment Highlights

  • Brick 1 story-low maintenance. Lg waiting room- reception area-5 offices-2 bathrooms-kitchenette
  • Private parking lot, fenced on 3 sides, 18 parking spaces
  • Numerous updates: Roof 2015, new gutters/downspouts, concrete handicap ramp, repaved parking lot, newer windows, new Cat5 cable and ethernet

Executive Summary

Welcome to your next business opportunity! This Adorable 1-story low maintenance Brick office building has loads of curb appeal and more updates than you can imagine! From the covered front porch, enter into the XL waiting room (21x13) with bathroom. The reception area is the hub of the building and surrounded by 5 nicely sized offices/rooms (2 of which could be conference rooms), another bathroom and small kitchenette. The basement provides extra storage and houses the mechanicals. A private paved parking lot (fenced on 3 sides) offers 18 parking spaces. Full roof replacement 2015, new gutters/downspouts, new concrete handicap ramp, windows replaced, all 3 rear doors/framing replaced, new exterior gas line, parking lot repaved, updated bathroom, new expansion tank on water line, new flooring/painting in offices, new front landscaping, driveway repair, new Cat5 cable and ethernet run- including new lines to each office. This Amazing space is move-in ready for its new owner!
Zoned R-2 with variance for C-1 (General Commercial). All past owners have used as commercial (most recently counseling, attorney prior and dermatologist before that).

Property Facts

Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Medical
Building Size
1,435 SF
Building Class
C
Year Built
1977
Price
$158,000
Price Per SF
$110.10
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,435 SF
Building FAR
0.08
Lot Size
0.39 AC
Zoning
R-2 variance to C-1 - R-2 with variance for C-1
Parking
18 Spaces (12.54 Spaces per 1,000 SF Leased)

Amenities

  • Controlled Access
  • Conferencing Facility
  • Security System
  • Signage
  • Wheelchair Accessible
  • Reception
  • Storage Space
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
02-174400
Land Assessment
$16,800
Improvements Assessment
$60,100
Total Assessment
$76,900
  • Listing ID: 32020753

  • Date on Market: 6/4/2024

  • Last Updated:

  • Address: 143 E Wallace Ave, New Castle, PA 16101

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