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540 E Prospect Street, York, PA 17403

$365,000

  • For Sale
  • Active
  • Warehouse
540 E Prospect Street, York, PA 17403View this property at 540 E Prospect Street, York, PA 17403
540 E Prospect StreetYorkPA17403

Property Description

This multi-tenant facility leased to four tenants with auto, truck repair and service industry type users. Number of tenants provides a hedge against risk by limiting vacancy exposure. Various recent upgrades includes rubber roofing in 2012 on 75% of Building 2, T-5 Lighting in 2D, new (July 2013) Gas/AC Unit 1A. Site has fenced parking lot and is only 1.5+/- miles to Exit 18 of I-83. Fully leased producing an 11.15% cap rate, 80% mortgage with 15 yr amortization carries a 1.368 Debt Service ratio.

Full Property Detailsfor 540 E Prospect Street

General

  • Price: $365,000
  • Taxes: $11,548 (2018)
  • Status: Active
  • Type: Warehouse
  • MLS ID: 1002968781
  • Updated: 6/23/2018
  • Added: 4, 186 day(s) ago

Business

  • Business Type: Storage, Other, Investment

Interior

  • Flooring: Concrete

Additional Information

  • Other Features: Fencing

Parking

  • Parking Type: Off Street
  • Parking: Private 1-10 Spaces

Location

  • Area: York City (15201)
  • County: York
  • Subdivision: Unknown

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electric Available, Natural Gas Available, Sewer Available, Water Available

Structural Information

  • Construction: Steel Siding, Masonry, Brick, Metal Siding, Concrete
  • Roof: Metal, Rubber
  • Loading: 1 - 5 Grade
  • Stories/Levels: 0
  • Current Bldg. Use: Industrial, Warehouse
  • Year Built: 1900
  • Year Built Source: Estimated
  • Property Condition: As-is Condition

Lot Features

  • Lot Size (Acres): 1.02
  • Lot Size (Sq. Ft.): 44,431
  • Lot Size Source: Assessor
  • Topography: Level
  • Zoning: EMPLOYMENT CENTER DISTRIC

Financial Considerations

  • Price Per Sq. Ft.: $19.49
  • Tax w/Assessment: $274,690
  • Tax Amount: $11,548
  • Tax Year: 2018
  • Tenant Pays: Electricity, Heat, Water, Sewer, Trash Removal, Other, Janitorial Service, Lawn/Tree/Shrub Care, Parking Fee, Snow Removal, Taxes, Insurance, None, HVAC Maintenance

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Rock Commercial Real Estate, Ted K Turnbull and Rock Commercial Real Estate, David L Bode

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Schools

Schoolsserving 540 E Prospect Street

School District:York City Sd
School Name
Grades
Distance
Hannah Penn K-8 School
415 E Boundary Ave, York, PA 17403
PK-8
0.1 mi
William Penn Senior High School
101 West College Ave, York, PA 17403
9-12
0.8 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 540 E Prospect Street Get Price Alerts

Date
Details
Price
Change
Source
1/09/2007
Sold
$233,500
-36.03%
Public Record
1/08/2007
Listed
$365,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Community Info

Community Infofor 540 E Prospect Street

Listed by Rock Commercial Real Estate, Ted K Turnbull and Rock Commercial Real Estate, David L Bode

540 E Prospect Street, York, PA 17403 (MLS# 1002968781) is a Warehouse property. 540 E Prospect Street is currently listed for $365,000 and was received on January 08, 2007. Want to learn more about 540 E Prospect Street? Do you have questions about finding other Warehouse real estate for sale in York? You can browse all York real estate or contact a Coldwell Banker agent to request more information.