Bought with Unrepresented Buyer • Unrepresented Buyer Office
$375,000
$375,000
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3,452 SqFt
SOLD DATE : 03/14/2025
Key Details
Sold Price $375,000
Property Type Commercial
Sub Type Special Purpose
Listing Status Sold
Purchase Type For Sale
Square Footage 3,452 sqft
Price per Sqft $108
MLS Listing ID PADA2041536
Sold Date 03/14/25
Year Built 2002
Annual Tax Amount $7,628
Tax Year 2024
Lot Size 0.610 Acres
Acres 0.61
Property Sub-Type Special Purpose
Source BRIGHT
Property Description
Commercial Investment property offered for sale with the Dauphin County Magisterial District Justice as the tenant. The building was custom built for the Tenant, and they have been in place with ongoing renewals for over 25 years. Current term is through April 2026, with renewal expected. Current term has had the lease rate fixed at $14.77 SF, with market rents for similar properties at $18-$20, which new owner may want to seek upon lease renewal.
The property is a single level, 3,452 Square Foot building, with 28 parking spaces. The building has been well maintained with a diligent Landlord over the years, and has only had one owner.
The custom fit out required for this type of tenant, along with a growing population, make the tenant likely to remain for a lengthy time. The lease is backed by Dauphin County.
Location
State PA
County Dauphin
Area Swatara Twp (14063)
Zoning C-G
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Garage Spaces 28.0
Water Access N
Accessibility Other
Total Parking Spaces 28
Garage N
Building
Sewer Other
Water Other
New Construction N
Schools
High Schools Central Dauphin
School District Central Dauphin
Others
Tax ID 63-043-047-000-0000
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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