Seller Financing
Address
5 Brookwood Avenue, Carlisle, PA
Price
$ 1,100,000
Property Attributes
- MLS#PACB2027834
- TypeCommercial
- CountyCUMBERLAND
- CityCarlisle
- AreaSouth Middleton Twp
- Zip17015
- StyleMedical
- Year Built1986
- Taxes$ 11507
- Price$ 1,100,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5068
Data Source:
Bright MLS
Property Description
Fully leased Medical office investment property featuring a 5,068-square-foot building on 0.76 acres in South Middleton Township . The building is demised into (2) medical office suites. The all-brick building is in great condition with updated interior finishes and functional medical office layouts. The main suite containing 3,088 SF is leased by UPMC Aesthetic Surgery through February 2028 with (2) three-year renewal options and annual rent escalations. There is a 1,750-square-foot suite leased to Partners in Womens Health, P.C. through December 2026 with annual rent escalations (no renewal options; tenant since 2003). HVAC is provided by electric heat pumps. NOI projected at $69,241. The site is located at the signalized corner of Brookwood Avenue and Walnut Bottom Road within the Brookwood Office Park. This commercial location along a growing corridor provides easy access to Interstate 81, the UPMC Carlisle Hospital, and Downtown Carlisle amenities. The site is across from the Stonehedge Square Shopping Center anchored by Giant Foods. Access to the site is from Brookwood Avenue, and the property benefits from frontage and exposure along Walnut Bottom Road (AADT 6,100). There are 25 surfaced parking spaces. Site amenities include electronic business signage, (2) storage sheds in the rear, and a double-sided Lamar billboard leased at $314.85 per month.
| Price History | |
|---|---|
| 2/5/2024 | Listed $1,100,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Heat Pump(s) |
| Cooling | Central A/C |
| Utilities | Sewer Available,Water Available,Electric Available |
| Possession | Settlement |
| Roof | Shingle |
| Zoning | TOWN CENTER |
| Construction Materials | Brick |
| Year Built | 1986 |
| Property SubType | Office |
| Tax Year | 2024 |
| Percent Ownership | Leasehold |
| Cool Fuel | Electric |
| Business Type | Medical |
| Accessibility | None |
| County | CUMBERLAND |
| Net Operating Income | 69241.00 |
| New Construction | No |
| Property Type | Commercial Sale |
| Possible Use | Investment,Medical/Dental,Office,Professional Service |
| Water Access Y/N | No |
| Property Use | Investment |
| Status | ACTIVE |
| Directions | From Downtown Carlisle. Head south on PA-34. Turn right onto West Willow Street. Veer left at five-way intersection onto Walnut Bottom Road. Proceed approx. 1.5 miles on Walnut Bottom Road. 5 Br |
| ModificationTimestamp | 2024-04-19T02:03:58 |
| City | CARLISLE |
| Buyer Agent Compensation | 2.5 |
| Total Units | 2 |
| MLS Area | South Middleton Twp (14440) |
| Tax Assessed Value | 739400.0 |
| Waterfront Y/N | No |
| Street Name | BROOKWOOD |
| Tax Annual Amount | 11507.0 |
| Property Condition | Good |
| Price Per Sq Ft | 217.05 |
| Acceptable Financing | Cash,Seller Financing,Conventional |
| Vacation Rental Y/N | No |
| Days on Market | 86 |
| Location Type | Business District |
| Standard Status | Active |
| Year Built Source | Estimated |
| Legal Subdivision | BROOKWOOD |
| Tax Lot | 5 |
| Total Actual Rent | 114682.39 |
| Cap Rate | 6.30 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Hot Water | Electric |
| Heating Y/N | Yes |
| Street Suffix | AVENUE |
| Central Air Y/N | Yes |
Exterior Features
| Lot Features | Corner |
|---|---|
| Water Source | Public |
| Total Parking Spaces | 25 |
| Type of Parking | Parking Lot |
| Land Use Code | 353 |
| Foundation Details | Slab |
| Water View Y/N | No |
| Building Area Total | 5068.00 |
| Road Frontage Length | 166 |
| Land Assessed Value | 193400.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Fencing Y/N | No |
| Car Parking Spaces | 25 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 17015
Price
Taxes
Visits
Year Built
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