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$675,000
5 Days On Site

1935 W MARKET STREET
POTTSVILLE, PA17901

For Sale|Office|Active
0
Beds
7
Total Baths
—
SqFt
—
/SqFt
1920
Built
County:
SCHUYLKILL
Listing courtesy of Realty One Group Supreme
Call Now: 443.632.3000
Is this the listing for you? We can help make it yours.
443.632.3000
1935 W MARKET STREET1935 W MARKET STREET1935 W MARKET STREET1935 W MARKET STREET
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Commercial investment property in Pottsville offering 26,361 square feet, long-term tenants, and 3% seller financing with the first payment not due until six months after purchase. The property currently generates $100,440 in annual gross rents, with tenants in place for over 10 years on month-to-month leases. Seller financing terms include $81,250 down, $2,604.21 monthly payments, 28-year amortization, a 10-year balloon, and no prepayment penalty. Current annual NOI is reported at $36,373.55 with a reported cap rate of 5.82%. After separating utilities, projected annual NOI is $37,841.16, with a projected 6.05% cap rate and 5.07% cash-on-cash return. The landlord currently pays utilities, providing an opportunity to improve cash flow through separate metering. The building features seven bathrooms, electric heat pumps, a high-efficiency gas boiler, public water and sewer, and approximately 30–40 parking spaces. A corner of the parking lot retaining wall is beginning to lean. Photos, floor plans, GIS map, and additional financial information are available upon request. Buyer to verify all financial information and projections.

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Listing Snapshot
Price 
$675,000
Days On Site 
5 Days
Bedrooms 
N/A
Inside Area (SqFt) 
0.0 sqft
Total Baths 
7
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.67 Acres
Year Built 
1920
MLS Number 
PASK2030190
Status 
Active
Property Tax 
$16,920
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
5 days agoListing first seen on site
5 days agoListing updated with changes from the MLS
General Features
Acres 
0.67
Parking 
Parking Lot
Parking Spaces 
35
Property Sub Type 
Office
Sewer 
Public Sewer
Special Circumstances 
Standard
Water Source 
Public
Zoning 
COMMERCIAL COMBINATION
Interior Features
Appliances 
Electric Water Heater
Cooling 
Central AirElectric
Heating 
ElectricForced Air
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Exterior Features
Construction Details 
Concrete
Community Features
MLS Area 
Pottsville (13368)
School District 
POTTSVILLE AREA
Schools
School District
POTTSVILLE AREA
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Realty One Group Supreme



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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