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1308 Pennsylvania AveWarren, PA 16365

Fully Leased Industrial Property, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents two fully leased, 12,000+ square foot industrial warehouse/distribution buildings situated on a 6.64-acre lot in Warren, Pennsylvania. Built in 2013, these single-story structures boast 15-foot ceilings, reinforced concrete floors, and ample loading capabilities, including two dock-high doors per building, drive-in doors, and dock levelers. Each building offers 2 restrooms, extensive exterior doors and windows, and a robust HVAC system with natural gas radiant heaters and high-bay lighting. The electrical system includes 480-volt, 3-phase power, along with additional 480/277-volt and 208/120-volt panels and a 75 KVA transformer. The property features approximately 20,000 square feet of surface parking. Currently 100% occupied with a lease extending to 2026, this property offers significant potential for future expansion. The expansive lot size allows for the construction of an additional 40,000+ square foot building, and rail access is a possibility. This core investment presents a strong cash flow with significant long-term growth potential. The property is zoned for industrial use and features a Butler building system construction. The APN is WN-499-353000-000.

Highlights

  • Investment opportunity: Two 12,000 SF buildings for sale.
  • Fully leased through 2026.
  • 40,000 SF expansion potential.
  • Butler building construction.
  • 24,000 SF total building area on an 80' x 150' lot, 20' high.
  • 15' ceiling height.

Property Details for 1308 Pennsylvania Ave

Property type
Warehouses, Industrial properties
Square Feet
24,000 SF
Year Built
2013
Buildings
2
Stories
1
Lot Size (sq. ft)
289,238 SF

Location Insight

City
Warren
County
Warren
State
Pennsylvania
Latitude
41.8411138
Longitude
-79.1661848
1308 Pennsylvania Ave, Warren, Pennsylvania

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1308 Pennsylvania Ave
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