Listed by Landmark Commercial Realty
$1,450,000
4601 Devonshire Rd
Details
APN 35-042-187
Property Type Office
Sub Type Medical Office
Square Footage 8,795
NOI $109,067
Occupancy 100%
Tenancy Multi
Class B
Year Built 1980
Year Renovated 2023
Buildings 1
Stories 1
Acreage 1.100
Zoning CO-5 - Medical Office
Multi-tenanted | Fully Leased Office Building for Sale
Marketing description
Landmark Commercial Realty is pleased to present this 8,795 SF fully occupied medical
office building in Harrisburg presenting a prime investment opportunity in the heart of
Colonial Park. Strategically located near heavily trafficked Jonestown Road, the property
offers excellent visibility and accessibility, surrounded by a multitude of businesses and
popular eateries. It is home to three long-term tenants, including a dental office, spa, and
daycare, ensuring stable rental income. The dental office features a two-year renewal
option with a total of five renewal periods, providing future leasing security. The building
boasts abundant parking for tenants and visitors, a newer roof, and a brand-new rooftop
HVAC system installed in March 2024, enhancing its long-term value and efficiency.
Investment highlights
- Prime location near Jonestown Road, surrounded by numerous businesses, shopping centers, and dining options
- Fully leased to three long-term tenants, making it an ideal investment opportunity
- New roof (2019) and updated HVAC (2024)
- Centrally located and easy access to 81.83, and 22
- Power 208/230 V; 3-phase
- Parking On-Site | Spaces
- Cross Streets Devonshire Rd & N Houcks Rd
Listing Contacts
Listed by Landmark Commercial Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$109,067.00
$9,088.92/mo
Valuation Metrics
0
DSCR
7.52%
Cap Rate
7.52%
ROI
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