$245,000 3429 Derry Street is a Tenant Occupied investment opportunity with over Three (3) Years remaining on the initial Five (5) Year Lease. The Lease is structured as a modified gross where Tenant is responsible for all direct utilities, interior maintenance and exterior upkeep. Owner is reimbursed for water and sewer by Tenant. The Lease currently generates $30,900.00 in annual rent, escalating by 3.00% per year. Operating expenses reported of $6,273.72, creating an in-place NOI of $25,000.00 and a resulting CAP rate of 10.32%. This return rate and Lease structure creates a tremendous investment opportunity regardless of your funding source. Further, notable capital expenditures of roof, electric water heater, natural gas forced air and electric panels were installed in 2018. The Downtown District Zoning of Paxtang Borough generously provides for a multitude of commercial and residential type uses for future value-add opportunities. See marketing brochure for the in-place operating finances of the property. 3429 Derry Street is a Tenant Occupied investment opportunity with over Three (3) Years remaining on the initial Five (5) Year Lease. The Lease is structured as a modified gross where Tenant is responsible for all direct utilities, interior maintenance and exterior upkeep. Owner is reimbursed for water and sewer by Tenant. The Lease currently generates $30,900.00 in annual rent, escalating by 3.00% per year. Operating expenses reported of $6,273.72, creating an in-place NOI of $25,000.00 and a resulting CAP rate of 10.32%. This return rate and Lease structure creates a tremendous investment opportunity regardless of your funding source. Further, notable capital expenditures of roof, electric water heater, natural gas forced air and electric panels were installed in 2018. The Downtown District Zoning of Paxtang Borough generously provides for a multitude of commercial and residential type uses for future value-add opportunities. See marketing brochure for the in-place operating finances of the property. 3429 Derry St, Harrisburg Listing courtesy of U.S. Commercial Realty. Contact:
$255,000 Exceptional opportunity to live, work or both! This 3,005 sq. ft. office building offers a flexible layout ideal for a variety of business uses. The space currently features 8 private office suites, but the layout can easily be reconfigured to suit your needs. A welcoming reception area with large interior windows provides an open, professional atmosphere and allows natural light to flow throughout the workspace.The property also includes a full kitchen/breakroom, perfect for staff convenience. Located in a highly desirable area with easy access and off-street parking for employees and visitors, this property is well suited for professional offices, medical, consulting, or service businesses. A great opportunity to establish or expand your business in a prime location. Exceptional opportunity to live, work or both! This 3,005 sq. ft. office building offers a flexible layout ideal for a variety of business uses. The space currently features 8 private office suites, but the layout can easily be reconfigured to suit your needs. A welcoming reception area with large interior windows provides an open, professional atmosphere and allows natural light to flow throughout the workspace.The property also includes a full kitchen/breakroom, perfect for staff convenience. Located in a highly desirable area with easy access and off-street parking for employees and visitors, this property is well suited for professional offices, medical, consulting, or service businesses. A great opportunity to establish or expand your business in a prime location. 3510 Derry St, Harrisburg Listing courtesy of Turn Key Realty Group. Contact:
$255,000 Exceptional opportunity to live, work, or both in a prime location! This 3,005 sq. ft. office building offers a flexible layout ideal for a variety of business uses. The space currently features 8 private office suites, but the layout can easily be reconfigured to suit your needs. A welcoming reception area with large interior windows provides an open, professional atmosphere and allows natural light to flow throughout the workspace.The property also includes a full kitchen/breakroom, perfect for staff convenience. Located in a highly desirable area with easy access and off-street parking for employees and visitors, this property is well suited for professional offices, medical, consulting, or service businesses. A great opportunity to establish or expand your business in a prime location. 8 Beds ⋅ 2 Baths Exceptional opportunity to live, work, or both in a prime location! This 3,005 sq. ft. office building offers a flexible layout ideal for a variety of business uses. The space currently features 8 private office suites, but the layout can easily be reconfigured to suit your needs. A welcoming reception area with large interior windows provides an open, professional atmosphere and allows natural light to flow throughout the workspace.The property also includes a full kitchen/breakroom, perfect for staff convenience. Located in a highly desirable area with easy access and off-street parking for employees and visitors, this property is well suited for professional offices, medical, consulting, or service businesses. A great opportunity to establish or expand your business in a prime location. 3510 Derry St, Harrisburg Listing courtesy of Turn Key Realty Group. Contact: