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823 W Spring St 4,000 SF Office Building Titusville, PA 16354 $250,000 ($62.50/SF)
Investment Highlights
- Heavy Traffic Pattern
- Large Parking Area with additional space which can be developed
- Detached two-stall garage with overhead doors and updated mechanical systems.
Executive Summary
Constructed in 1995, this building has two levels, open lower level space, first floor space currently built out for medical services with private offices, large room used for conference room, break room with staff 1/2 bath, additional 1/2 bath in hall for clients, waiting room, large reception area, client parking in the front and gravel lot in the rear. Several improvements include newer furnace and air conditioning unit, fresh paint and carpeting. Interior layout can be negotiated to be reconfigured. High traffic count corridor. Triple net lease with multiple year lease being considered, however, flexible on monthly rental rate.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,000 SF
Building Class
C
Year Built
1995
Price
$250,000
Price Per SF
$62.50
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,000 SF
Building FAR
0.15
Lot Size
0.62 AC
Zoning
TRB - Transitional Residential Business
Parking
20 Spaces (5 Spaces per 1,000 SF Leased)
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Property Taxes
| Parcel Number | 38-0-024977 | Improvements Assessment | $94,100 |
| Land Assessment | $3,400 | Total Assessment | $97,500 |
Property Taxes
Parcel Number
38-0-024977
Land Assessment
$3,400
Improvements Assessment
$94,100
Total Assessment
$97,500
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823 W Spring St
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