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Warehouse

Value-Add Industrial Opportunity

2925 W 4th St, Williamsport, PA 17701

Listing Price: $5,450,000

Gross SF
142,000
Price/Gross SF
$38.38
Lot Size
11.30 acres
Year Built
1946
Rentable SF
142,000

Investment Overview

Marcus & Millichap is proud to present a Value-Add Industrial Opportunity located at 2925 W 4th Street & 801 Foresman Street in Williamsport, PA The Subject Property consists of 2925 W 4th Street - a 112,000 square foot Industrial Property currently occupied by two tenants and its sister property; 801 Foresman Street which is 30,000 square feet.? Ideally situated on 11.3 Acres, there is an opportunity to develop 3.43 Acres of excess land.? This dynamic site presents the perfect opportunity for an owner-user or an investor looking to lease up and stabilize these 2 properties.? Both buildings were formerly the home of Carole Hochman, a women’s garments manufacturer.? This highly accessible site with over a dozen loading docks and garage doors as well as over 100 parking spots is in close proximity to several major highways and nearby industrial.? 2925 W 4th Street’s max ceiling height of 37.6 feet and its heavy 3 phase power provide for various potential uses.? It also has a clearance height of approximately 14.5 feet whereas 801 Foresman Street’s clearance height is at 21.1 feet.? Pennsylvania’s Interstate 80 corridor has recently seen an explosion of demand for industrial space.? Williamsport is 87 miles from Harrisburg, 105 miles from Binghamton,178 miles from Philadelphia, and 189 miles from New York City.? The site is less than 10 minutes away from both Routes 15 & 220 and is less than an hour from I-80 which runs the entire length of the United States.? The Williamsport Area’s proximity to these metro areas and major highways have made the town a hub for logistics operations.? The Subject Property’s location and accessibility will give the businesses that call it home the ability to thrive and grow.?

Investment Highlights

  • 3% Annual Rent Increases
  • ?Proximity to I-80, Route 220, & Route 15
  • ?16 Loading Docks & Garage Doors
  • 3.43 Acres for Additional Development

Exclusively Listed By

Financing By

Warehouse

Value-Add Industrial Opportunity

Listing Price: $5,450,000

Gross SF
142,000
Price/Gross SF
$38.38
Lot Size
11.30 acres
Year Built
1946
Rentable SF
142,000

Investment Highlights

  • 3% Annual Rent Increases
  • ?Proximity to I-80, Route 220, & Route 15
  • ?16 Loading Docks & Garage Doors
  • 3.43 Acres for Additional Development

Investment Overview

Marcus & Millichap is proud to present a Value-Add Industrial Opportunity located at 2925 W 4th Street & 801 Foresman Street in Williamsport, PA The Subject Property consists of 2925 W 4th Street - a 112,000 square foot Industrial Property currently occupied by two tenants and its sister property; 801 Foresman Street which is 30,000 square feet.? Ideally situated on 11.3 Acres, there is an opportunity to develop 3.43 Acres of excess land.? This dynamic site presents the perfect opportunity for an owner-user or an investor looking to lease up and stabilize these 2 properties.? Both buildings were formerly the home of Carole Hochman, a women’s garments manufacturer.? This highly accessible site with over a dozen loading docks and garage doors as well as over 100 parking spots is in close proximity to several major highways and nearby industrial.? 2925 W 4th Street’s max ceiling height of 37.6 feet and its heavy 3 phase power provide for various potential uses.? It also has a clearance height of approximately 14.5 feet whereas 801 Foresman Street’s clearance height is at 21.1 feet.? Pennsylvania’s Interstate 80 corridor has recently seen an explosion of demand for industrial space.? Williamsport is 87 miles from Harrisburg, 105 miles from Binghamton,178 miles from Philadelphia, and 189 miles from New York City.? The site is less than 10 minutes away from both Routes 15 & 220 and is less than an hour from I-80 which runs the entire length of the United States.? The Williamsport Area’s proximity to these metro areas and major highways have made the town a hub for logistics operations.? The Subject Property’s location and accessibility will give the businesses that call it home the ability to thrive and grow.?

Exclusively Listed By

Financing By

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