119 N 3RD Street
119 N 3RD Street Denver, Pennsylvania 17517 United States

$1,995,000
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Cavalry Realty, LLC

$1,995,000
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1.6 Acres
Exterior
Commercial
Property type
1985
Year Built
PALA2043856
Web Id
PALA2043856
MLS ID
DENVER
Subdivision
Cocalico
School District
67
days ago

About 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.

Listing Courtesy of Cavalry Realty, LLC

The data relating to real estate for sale comes in part from Keystone Multi-List. Real estate listings held by brokerage firms other than Anne Lusk Sotheby's International Realty are marked with the Broker Reciprocity logo and information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. This 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.

The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.

features

cooling
Electric
Style
Flat

PROPERTY INFORMATION

Cooling
Wall Unit
Heating
Steam
Sewer
No Septic System

EXTERIOR

Roofing
Flat, Pitched, Rubber

ADDITIONAL INFORMATION

Body of Water
Public
This Denver Commercial is for Sale at $1,995,000 and was built in 1985. Has on a lot of 1.6 Acres.

 

Cavalry Realty, LLC

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