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518 Water St 4,800 SF 100% Leased Retail Building Orbisonia, PA 17243 $649,000 ($135.21/SF)
Executive Summary
Location, Space, & Price = BINGO! Just 1 block off the main stop light downtown Orbisonia of Rt. 522 with high traffic load and just blocks from the Orbisonia Railroad Station & Museum. You have the setup on 3.73 city acres (3 parcels) of a large climate-controlled retail showroom of 4,800 sq ft, 2nd floor offices, bathroom, asphalt parking lot for some 10 vehicles. Next to the showroom is a secure 39' x 103' drive thru steel framed warehouse. There is also a 2-story bank barn with storage in the basement, large main floor area for equipment. inventory, machinery, with a loft as a bonus. Rear lot is for large vehicles to enter, turn, and leave out. It has been used for stockpiling building materials, landscaping materials, etc. This former Hardware store has functioned to a large clientele for 42+ years. There are diverse opportunities for this retail/commercial/warehouse space downtown Orbisonia. Call for more details or to schedule a tour. Tax Parcel #3: 35-01-199.1
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
4,800 SF
Building Class
C
Year Built
1989
Price
$649,000
Price Per SF
$135.21
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.04
Lot Size
2.77 AC
Zoning
C - Commercial
Parking
8 Spaces (1.67 Spaces per 1,000 SF Leased)
Frontage
168’ on Elliot Street
Amenities
- Storage Space
Property Taxes
| Parcel Number | 11-13-16.3 | Improvements Assessment | $61,360 |
| Land Assessment | $4,640 | Total Assessment | $66,000 |
Property Taxes
Parcel Number
11-13-16.3
Land Assessment
$4,640
Improvements Assessment
$61,360
Total Assessment
$66,000
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518 Water St
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