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Listed by Lenny Wyda • Realty One Group Supreme
$675,000
Est. payment /mo
0.67 Acres Lot
New
1935 W MARKET ST Pottsville, PA 17901
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Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID PASK2030190
Year Built 1920
Annual Tax Amount $16,920
Tax Year 2026
Lot Size 0.670 Acres
Acres 0.67
Property Sub-Type Office
Source BRIGHT
Property Description
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.
Location
State PA
County Schuylkill
Area Pottsville (13368)
Zoning COMMERCIAL COMBINATION
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 35.0
Water Access N
Accessibility None
Total Parking Spaces 35
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Pottsville Area
Others
Tax ID 68-40-0086
Ownership Fee Simple
Special Listing Condition Standard
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