211 N Ann Street

Lancaster, PA 17602
  • $342,500
Sold - 03/24/2017
$342,500
SOLD - 03/24/2017
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,000
    SQFT
  • $49
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

Description

3 Unit Mixed Use Property. Potential for investor OR OWNER OCCUPIED! First flr 4,000sf comm/light industrial space is avail. NOI over $35k at full occupancy =9% CAP RATE. 2nd flr consists of leased comm. space & leased 2bed apt. 1st flr marketed for $2100/mo. & features retail/showrm/office area, heated warehouse space & 2 drive in doors. Ability to park 1-2 cars in fenced in rear of bldg. Boarded windows can be reopened! See photo for income/exp

© 2017 Keystone MLS Network, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified.
www.lancasterhome.com/homes/62414830

211 N Ann Street Lancaster, PA 17602

  • Price: $389,899
  • Status: Closed
  • Updated: 69 min ago
  • MLS #: 250496
0
Beds
0
Baths
0
½ Baths
N/A
Acres
8,000
SQFT
$49
$/SQFT
1930
Built
Neighborhood:
Corner Ann & Fulton
County:
Lancaster
Area:
Lancaster
Property Description
3 Unit Mixed Use Property. Potential for investor OR OWNER OCCUPIED! First flr 4,000sf comm/light industrial space is avail. NOI over $35k at full occupancy =9% CAP RATE. 2nd flr consists of leased comm. space & leased 2bed apt. 1st flr marketed for $2100/mo. & features retail/showrm/office area, heated warehouse space & 2 drive in doors. Ability to park 1-2 cars in fenced in rear of bldg. Boarded windows can be reopened! See photo for income/exp
Exterior Features

Construction Masonry Exterior Concrete Block Improvement Heights 2 Story Location CornerDowntown/Urban Lot Size Less Than .25 Ac Lot Size Dimensions 90X50 Off Street Parking Spaces 2 Parking Off Site PublicOn SiteOther - See Remarks Rail None Road Access City Road Roof Flat Topography Level Truck Door Heights 8 - 9 Ft Truck Doors 1 - 5 Grade

Interior Features

Avail Office Sq Ft 800.00 Avail Retail Sq Ft 800.00 Avail Sq Ft 4000.00 Avail Warehouse Sq Ft 3200.00 Ceiling Heights 8 - 10 FtLess Than 8 Ft Hot Water Electric HVAC Central AirGasHeat Pump

Property Features

Annual County Tax 849.33 Annual Municipal Tax 3283.65 Annual School Tax 6311.98 Assessment 227400.00 Association No Association Fee Includes Other - See Remarks Commerical Type Commercial Current Use AutomotiveCommercialFlex SpaceLight ManufacturingOther - See RemarksResidentialWarehouse Electric System 220 Volt50 - 200 Amps Features Amenities Concrete FloorsHandicap AccessOutside StoragePrivate RestroomsSecurity SystemWood Floors Form Of Ownership Fee Simple Fuel Tanks Unknown Gross Income 55740.00 Land Use Code C-573 Mixed Use Yes Municipality Or Township Lancaster City Net Income 35831.00 Operating Expenses 19909.00 Possible Use AutomotiveCommercialDistributorGarage RepairIndustrialLight ManufacturingOther - See RemarksSpecial PurposeWarehouse Sale Sale Sewer Public Sewer Sq Ft From Public Record No Total Tax Expenses 10225.68 Total Taxes 10444.96 Utilities Available ElectricGasSewerWater Water Public Water Zoning Other - See RemarksResidential Zoning Free Form R-3

Listing provided courtesy of Progressive Property Mgmt.: (717) 394-3374. © 2017 Keystone MLS Network, Inc.
© 2017 Keystone MLS Network, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified.
The Craig Hartranft Team, Berkshire Hathaway Homesale Realty
150 North Pointe Blvd.
Lancaster PA, 17601