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119 N 3RD STREET
DENVER PA 17517 US

$1,995,000

Active Listing ID PALA2043856
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Lot: 1.60 Acres
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$1,995,000

Active Listing ID PALA2043856
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119 N 3RD STREET This is an exceptional opportunity to own a historic building in downtown Denver, PA. +/- 45, 000 SF Industrial building 100% leased to UHURU, a Brooklyn based furniture design firm. 2.8 years remaining on the initial term. NOI $127, 739, 6.5% CAP RATE!! Landlord pays property taxes and maintains exterior of the building and roof. Rent escalates 2.5% annually and Tenant has two 5-year renewals remaining. There was a substantial amount of money on building improvements. Upgrades to Sprinkler System, Central Heating Plant and Fire Alarm Systems. Painted inside and out 2016. Also includes parcel 1407224500000, parking lot on over 1 acre of land. Owners are licensed Pennsylvania Real Estate Salespersons.

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Property Features

  • Facts
  • Lot Size: 1.60 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Wall Unit(s) A/C
  • Heating Fuels: Steam

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1995000
  • unparsedaddress: 119 N 3RD STREET
  • postalcity: DENVER
  • stateorprovince: PA
  • country: US
  • postalcode: 17517
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.6
  • lotsizeunits: Acres
  • lotsizearea: 1.6
  • livingareaunits: Square Feet
  • latitude: 40.232294
  • longitude: -76.133336
  • listagentfullname: David Nguyen
  • listagentemail: davidng2004@gmail.com
  • listagentkey: 3yd-TRENDPA-3238941
  • listagentmlsid: 3238941
  • listagentpreferredphone: 7175744012
  • listagentofficephone: 7175744012
  • listofficekey: 3yd-TRENDPA-107985
  • listofficemlsid: 107985
  • disclaimer: Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 1985
  • listingcontractdate: 2023-12-18
  • listagenturl: https://www.cavalryrealty.com
  • countyorparish: LANCASTER
  • cooling: Wall Unit(s) A/C
  • constructionmaterials: Brick, Concrete
  • heating: Steam
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 90
  • waterfrontyn: False
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -76.133336, 40.232294
  • customfields: {"AlternatePrices":[], "Expenses":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://listings.listhub.net/pages/TRENDPA/PALA2043856/?channel=rexren", "LeadRoutingEmail":"tstewart@cavalryrealty.com", "BrokerName":"Cavalry Realty, LLC", "ListingTitle":"Commercial - DENVER, PA", "ListOfficeBrokerMlsId":null, "ListOfficeEmail":"tstewart@cavalryrealty.com", "ListOfficeAddress1":"1250 E. King STREET", "ListOfficeAddress2":null, "ListOfficeCity":"Lancaster", "ListOfficePostalCode":"17602", "ListOfficeStateOrProvince":"PA", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Cavalry Realty, LLC", "ListBrokeragePhone":"(717) 574-4012", "ListBrokerageEmail":"TZStewart@hotmail.com", "ListBrokerageWebsiteUrl":"https://www.cavalryrealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageUnparsedAddress":"1580 Robin Hood Dr.", "ListBrokerageUnitNumber":null, "ListBrokerageCity":"Etters", "ListBrokerageStateOrProvince":"PA", "ListBrokeragePostalCode":"17319", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2023-12-19T09:43:36Z", "Neighborhoods":[{"Name":"DENVER BORO", "Description":null}], "Taxes":[{"TaxYear":null, "TaxAnnualAmount":10497, "TaxDescription":null}]}
Listing Changed: 3/26/2024 2:59:54 PM GMT
Source Updated Date: 5/6/2024 6:38:53 AM GMT

Courtesy of: David Nguyen, Cavalry Realty, LLC, davidng2004@gmail.com

Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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