850 Walnut Bottom Rd | Carlisle, PA 17013
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- LoopNet Team
850 Walnut Bottom Rd
Carlisle, PA 17013
Belvedere Professional Center · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Advantageous Return: With a year-one return of 7.50%, this opportunity allows the investor to receive an attractive return on their initial investment
- Recession, E-Commerce, and Pandemic Resistant Investment
- The subject property is highly visible and located directly off Highway 81 that sees over 34K vehicles per day
- 28% vacancy allowing an investor to come in and immediately increase the building net operating income with new leases
- Located in a dense affluent market that has a 5-mile population of over 53,873 and incomes demos that exceed $91,620
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
49,939 SF
Building Class
B
Year Built
1979
Percent Leased
93%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
49,939 SF
Slab To Slab
10’
Building FAR
0.36
Lot Size
3.15 AC
Zoning
Neighborhood Commercial - permits retail sales, financial institutions, offices, community service facilities, personal services, studios and more.
AMENITIES
- Security System
- Signage
- Wi-Fi
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 04-22-0481-164 | Improvements Assessment | $1,125,300 |
| Land Assessment | $1,000,400 | Total Assessment | $2,125,700 |
PROPERTY TAXES
Parcel Number
04-22-0481-164
Land Assessment
$1,000,400
Improvements Assessment
$1,125,300
Total Assessment
$2,125,700
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