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Description

Dual-tenant industrial investment opportunity in Lancaster County. Year 1 cap rate is 5.02%. Property is occupied by two (2) tenants with minimal landlord responsibility. Below-market rents allow for future upside potential. Building features include sixteen (16) dock height doors, two (2) grade level doors, 26+GG-29+GG clear ceiling heights and a significant area of refrigerated/freezer space. Contact Dan Berger or Dan Berger, Jr for details, plans and showings.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jim Powers Team- Berkshire Hathaway Home Services Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-20T16:55:07.49.
www.yorkhomes.net/homes/121194804
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2910 Old Tree Drive LANCASTER, PA 17603

  • Price: $9,900,000
  • Status: Active
  • Updated: 9 min ago
  • ID#: PALA2004988
0
Beds
0
Baths
0
½ Baths
9.9
Acres
1990
Built
Neighborhood:
East Hempfield Twp (10529)
County:
Lancaster
Area:
East Hempfield Twp (10529)
School District:
Hempfield
Property Description
Dual-tenant industrial investment opportunity in Lancaster County. Year 1 cap rate is 5.02%. Property is occupied by two (2) tenants with minimal landlord responsibility. Below-market rents allow for future upside potential. Building features include sixteen (16) dock height doors, two (2) grade level doors, 26+GG-29+GG clear ceiling heights and a significant area of refrigerated/freezer space. Contact Dan Berger or Dan Berger, Jr for details, plans and showings.
Exterior Features

Construction Materials BlockMasonryMetal Siding Garage YN No Parking Features Private Parking Types Parking Lot Property Condition Excellent Riparian Rights YN No Road Surface Type Paved Roof Metal Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 123750.00 Cooling Central A/C Flooring Concrete Heating Forced AirHeat Pump - Electric Backup Heating YN Yes Net Square Feet 123750.00 Security Features Sprinkler System - Indoor

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2021 Business Type Warehouse Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Other Municipality East Hempfield Twp Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 801022675610 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Industrial Sale Type Standard Sewer Public Sewer Tax Annual Amount 62422.00 Tax Assessment Amount 3030900.00 Vacation Rental YN No Water Source Public Zoning Enterprise

Listing courtesy of U.S. Commercial Realty.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jim Powers Team- Berkshire Hathaway Home Services Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-20T16:55:07.49.
 
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Jim Powers Team- Berkshire Hathaway Home Services Homesale Realty
2525 Eastern Blvd.
York PA, 17402