201 Erie Street

Grove City, PA 16127

$625,000
Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Unit B Entrance
Everything but the condo on the left is for sale
Everything but the condo on the left is for sale
Unit B Reception
Unit B Waiting Room
Unit B Administration
Unit B Office
Unit B
Unit B
Unit D
Unit D
Unit D
Unit D Kitchen
Unit B Exam Room
Unit B Exam Room
Unit B Exam Room
Unit B Exam Room
Unit B Exam Room
Unit B Bathroom
Unit D Bathroom
Unit B Utility Room
Unit D Upstairs Storage
Unit D Upstairs Office Area
Unit D Upstairs Office Area
Unit D Upstairs Office Area
Unit D Upstairs Office Area
Unit D Upstairs Office Area
Unit D Upstairs Office Area
Unit E Pool
Unit E Pool
Unit E Pool
Unit E Bathroom
Unit E Bathroom
Unit E Bathroom Shower
Unit E Utility Room
Units B (left) and A (right) Entrances
Unit A side entrance
Unit A Entryway
Unit A
Unit A
Unit A
Unit A Conference Room
Unit A Office
Unit A Bathroom
Unit A storage

Description

CASH FLOWING turn-key commercial building and lot for sale in the heart of Grove City! With two well-established and long-term professional office tenants in place, this building will produce steady income for years to come. A total of 4 units and 9,200 square feet of currently leased office space come with the sale. Three units (B, D & E) are leased to one tenant, and one unit (A) is leased to the other tenant. Businesses are not for sale. Paved parking lot with 48 parking spaces! Access the parking...CASH FLOWING turn-key commercial building and lot for sale in the heart of Grove City! With two well-established and long-term professional office tenants in place, this building will produce steady income for years to come. A total of 4 units and 9,200 square feet of currently leased office space come with the sale. Three units (B, D & E) are leased to one tenant, and one unit (A) is leased to the other tenant. Businesses are not for sale. Paved parking lot with 48 parking spaces! Access the parking lot from three different streets! Brand new AC & furnace in two of the units (A & D). This building currently grosses over $94k! Currently priced as a 9.58 cap! If you are looking for your next, or first, investment, look no further!
  1. Listed by BONNER REALTY LLC

Property Details for 201 Erie Street

Parking Spaces
48
Zoning
I
LISTING UPDATED: 09/17/2024 02:34 PM

Property Details for 201 Erie Street

StatusActive
MLS #1669413
Days on Market115
Taxes$18,040 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeMulti-Unit / Other
Year Built1996
Lot Size0.75 AC / 32,670 SF
CountyMercer County

Building Information for 201 Erie Street

Stories-Residences-Year Built1996Lot Size0.75 AC / 32,670 SF

Property Information for 201 Erie Street

Summary
Location and General Information
  • City Name: Grove City
  • Postal Code: 16127
  • County Or Parish: Mercer
  • County M 360: Mercer
  • State Or Province: Pennsylvania
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 59-551-085-201-001/002/004/005
  • Taxes: $18,040
School Information
  • School District: Grove City Area
Parking
  • Parking Description: General/Common Area, Off-Street Parking
Property
Lot Information
  • Acres: 0.75
  • Lot Size: 0.75
  • Type of Property: Other
  • Area: Grove City Boro
  • Construction: Brick, Frame
Property and Assessments
  • Assessment Value: $174,050
  • Insurance: $7,600
  • Maintenance: $5,040
  • Year Built Numeric: 1996
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 49
Utilities
  • Utilities: $4,000
  • Utilities Available: Electricity, Gas, Sewer, Water
Interior and Exterior Features
Exterior Features
  • Roof: Asphalt
Interior Features
  • Baths Total: 0.0
  • Basement: Yes
  • Basement Description: Unfnshd
  • Insulation: Yes
Multi Family
Multi-Family Information
  • Num of Units: 0
Income and Expenses
  • Gross Annual Income: $94,500
  • Net Operating Income: $60,000
Rental
Rental Information
  • Tenant Occupied: Yes

Property History for 201 Erie Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 201 Erie Street

Taxable ValueLand$5,700Additions$13,550Total$19,250
Tax Record2023$1,909 ($159 / month)
Home Facts
Beds0StyleSingle Family ResidenceCountyMERCERAPN59 551 085 201 003

Schools near 201 Erie Street

This home is within Grove City Area School District.
Rating
School
Type
Grades
Distance
Highland El School
Public - K to 1
Hillview El School
Public - K to 5
George Jr Republic Middle School
Public - 6 to 8
Grove City Area Ms
Public - 6 to 8
Rating
School
Distance
Highland El School
PublicK to 1

Hillview El School
PublicK to 5

George Jr Republic Middle School
Public6 to 8

Grove City Area Ms
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 201 Erie Street, Grove City, PA 16127

201 Erie Street is for sale in Grove City, PA 16127. This property was listed for sale on August 28, 2024 by BONNER REALTY LLC, it's currently listed at $625,000. This listing's school district is Grove City Area School District. Nearby schools include Highland El School, Hillview El School and George Jr Republic Middle School. 201 Erie Street is a 0-bed, 0-bath, built in 1996.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BONNER REALTY LLC

The information is being provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 West Penn Multi-List, Inc.. All Rights Reserved. Last Updated: 09/17/2024 02:34 PM