400 Park AveWilliamsport, PA 17701

  • Industrial properties
  • 220,300 SF
For Sale

Property Details for 400 Park Ave

Year built
1903
Lot size
3.00 AC
Property size (Sq ft)
220,300 SF
Property type
Industrial properties
Property subtype
Other warehouses

Description

This exceptional redevelopment opportunity encompasses two adjacent industrial buildings situated at 400 Park Avenue and 421 High Street in Williamsport, Pennsylvania, totaling 220,300 square feet. The property offers 136,000 square feet of net rentable space, currently at 5% occupancy, presenting significant upside potential for owner-users, investors, and developers. The buildings, constructed in 1903 and renovated in 1950, are two stories and sit on a three-acre lot. The property is zoned 04INI and benefits from a highly desirable location less than a mile from I-180, providing easy access to I-80. This prime location is within a mile radius of over 14,000 residents in downtown Williamsport, a thriving cultural, financial, and commercial center of north-central Pennsylvania. The current owner is undertaking significant improvements, including window and roof replacements scheduled for completion in April 2024. This presents a unique chance to acquire a substantial industrial property in a strong market with robust commercial rental growth. The property's fee simple ownership provides complete control and flexibility for future development.

400 Park Ave, Williamsport, Pennsylvania

Location Insight

City
Williamsport
County
Lycoming
State
Pennsylvania
Latitude
41.2447
Longitude
-77.0095

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