1038 15Th StFranklin, PA 16323

  • Industrial properties
  • 2.82 AC
For Lease

Property Details for 1038 15Th St

Lot size
2.82 AC
Property type
Industrial properties
Property subtype
Other warehouses
APN
26,007.-003..-000
APU
26007003000

Description

This exceptional 12,350-square-foot industrial warehouse, located at 1038 15th Street in Franklin, Pennsylvania, presents a unique investment opportunity. Classified as a Class B property, this single-tenant building boasts a flexible design suitable for warehouse, distribution, or flex space uses, as reflected in its B-1 zoning. Constructed in 1966, the building is surprisingly well-maintained and features radiant heat, energy-efficient LED lighting, and superior insulation, contributing to significant operational cost savings. The property offers more than adequate parking for employees and clients. Access is facilitated by conveniently located overhead doors. The building's impressive 597-foot frontage provides excellent visibility and accessibility. The building's history as a former armory speaks to its robust construction and enduring quality. A security deposit will be determined upon negotiation. The property's CO-INDEX is 26,007-003-000. This is a must-see property for discerning investors seeking a well-maintained, functional industrial space in a prime Franklin location. The property is situated on a single story, offering ease of access and efficient workflow.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $29,998,642
    Hospitality
    $27,478,594
    Educational
    $22,861,868
    Medical
    $23,648,122
    Retail
    $35,562,904
1038 15Th St, Franklin, Pennsylvania

Location Insight

City
Franklin
County
Venango
State
Pennsylvania
Latitude
41.3874
Longitude
-79.8468
CBSA code
36340
CBSA name
OIL CITY, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,987
$13,460
$141,140
$154,600
-
$13,460
$141,140
$154,600

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