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Government Leased Office Investment + 160 Acres of Improved Land

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Property Overview

Price/Rent PSF $ 1,200,000.00
Asset Type Office
Trade Type Sale
SQ. FT. Available Inquire
Date Available 03/08/2021
Additional URL Link
Building size 7490
Additional parameters Show
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Description

Location
80 acres surrounding five award winning baseball fields, three commercial pad sites, and 37 residential lots and apartment building lot.. The residential lots only need final township approval to start construction and are an extension of a single family housing neighborhood. There are currently 51 homes in Seiders Hill development ranging from $150-380K, built in 1995. Great opportunity for upside potential either in the new development or selling off future development. Population is 24,490 and average household income is $85,472.

Sale
Great multi-tenant investment opportunity plus 80+ acres of land. Multi-tenant office building is leased to Schuylkill County government. The county just renewed and exercised their 5 year option early which shows commitment to the site.



80 acres surrounding five award winning baseball fields, three commercial pad sites, and 37 residential lots and apartment building lot. The residential lots only need final township approval to start construction and are an extension of a single family housing neighborhood. There are currently 51 homes in Seiders Hill development ranging from $150-380K, built in 1995. Great opportunity for upside potential either in the new development or selling off future development. Population is 24,490 and average household income is $85,472.



Tenants in the office building are the original tenants. Building is adjacent to the Luther Ridge at Seiders Hill assisted living facility and adjacent to the doctor’s office owned by Lehigh Valley Hospital. Also adjacent to the office building is a brand new 40 bed nursing home currently under construction.



All utilities already at the site and has sewer capacity. Just a short distance from the intersection of Rt. 61 & Rt. 78. Also a short distance from Rt. 81.



Call broker for price allocation.

Location

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