119 N 3rd Street, Denver, PA 17517 | MLS PALA2043856 | Listing Information | Berkshire Hathaway HomeServices Homesale Realty | Berkshire Hathaway HomeServices Homesale Realty
Off Market
$1,995,000  

119 N 3rd Street
Denver, PA 17517

Industrial, Business Opportunities
Commercial
44,591
Sq. Ft.
1.6
Acres Lot
Courtesy: Cavalry Realty, LLC
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.
PALA2043856
Industrial, Business Opportunities, Other
LANCASTER
1985
1.6 Acres
Public
Brick,Metal
44,591 Sq. Ft.
DENVER
Natural Gas Available
Interior Features
Appliances
Electric Water Heater
Heating
Gas Heat, Steam. .
Exterior / Lot Features
Parking
90 Parking Spaces.
Exterior
Metal, Brick
Roof
Rubber
Financial Considerations
140-84606-0-0000
$10,497
Courtesy: Cavalry Realty, LLC
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