Property Description
Rare investment opportunity to acquire a multi-tenant industrial property in Sunbury, PA, offering stable cash flow with long-term tenants in place. The main tenant, National Coating Supplies, boasts over 200 stores in 43 states, while additional tenants include local businesses utilizing the space for dry storage. With two tenants on longer leases and two on year-to-year arrangements, there is significant potential to boost rental income. The property’s strategic location provides convenient access to Rt 15, Rt 61, Rt 890, and PA 147, enhancing its appeal and growth potential.
Area Description
SUNBURY, is a small city in Northumberland County, Pennsylvania, known for its historical significance and riverside charm. With a population of approximately 10,000, it serves as the county seat and is situated along the Susquehanna River, offering scenic views and recreational activities. Sunbury is notable for the Sunbury Textile Mills and Weis Markets headquarters, which are major local employers. The city's rich history includes the historic Fort Augusta, an important colonial fortification. Landmarks like the Hotel Edison, named after Thomas Edison who installed one of the first commercial electric lighting systems there, highlight its historical heritage. Sunbury also hosts events such as River Festival, celebrating its riverfront culture, and features amenities like the Sunbury Community Hospital and various public schools under the Shikellamy School District. The city's blend of historical charm, economic activity, and community events make it a distinctive and vibrant place to live and visit.
Highlights
• Rare multi-tenant industrial property
• Opportunity to re-negotiate leases to improve cash flow
• Property offers ample indoor/outdoor storage
• Minutes away from top retailers in Selinsgrove area
Full Address: 99 South Horn Railroad Path, Sunbury, PA 17801
Listing Type: FOR SALE
Status: Active
Occupancy Rate: 100
Building Class: B
Zoning: Neighborhood Business
Region: E-NE
County: Northumberland County
Use Type: Industrial
Property ID: 4040165
Has Sewer: Yes
Has Water: Yes
Has Electric: Yes
Has Waste: Yes
Lighting: Yes
Grade Docks: Yes
Has Gas: Yes
Clearance Height: 11-12.5'
Building Construction: Masonry
Roof: Rubber
Building Sf: 6400
Warehouse Percent: 67
Parcel Num: 054-01-009-043
Number Units: 4
Number Buildings: 1
Year Renovation: 2023
Free Standing: Yes
Number Parking Spaces: 30
Tenancy Type: Multi-Tenant
• Rare multi-tenant industrial property
• Opportunity to re-negotiate leases to improve cash flow
• Property offers ample indoor/outdoor storage
• Minutes away from top retailers in Selinsgrove area