234 Liberty StHarrisburg, PA 17101

Property Details for 234 Liberty St

Year built

1920

Lot size

0.04 AC

Property size (Sq ft)

3,364 SF

Property type

Office properties

APN

04-014-012

APU

4014012

Description

This exceptional office property at 234 Liberty Street offers 3,400 square feet of versatile space, ideally situated in the shadow of the Pennsylvania State Capitol Building. Enjoy stunning Capitol Dome views from this two-story building, constructed in 1920. The property is currently fully vacant and available for lease as a whole or potentially divisible into two 1,700 square foot suites. Suite A, on the lower level, is partially built out as a standard office layout, featuring six private offices, four workstations, a conference room, 9-foot finished ceilings, central air conditioning, full carpeting, and captivating Capitol views. This suite comfortably accommodates 5-14 people. Suite B, located on the upper level, also boasts 9-foot finished ceilings and private restrooms, with a similar capacity of 5-14 people. Convenient parking is available in an adjacent lot for an additional $150 per car per month. The listed lease rate does not include certain utilities, building services, and property expenses. This property is perfect for associations, lobbyists, law firms, or other professional services seeking a prestigious and well-located office space. The lot size is 0.01 acres.

• CAP approach

  CAP return

  Valuation

  6%

  $543,230

  6.5%

  $501,443

  7%

  $465,625

• Comparable approach

  Method

  Valuation

  Relative Method

  $307,329

  Geo Method

  $211,629

• Alternative Use

  Use

  Valuation

  Residential

  $621,789

  Hospitality

  $569,555

  Educational

  $473,863

  Medical

  $490,160

  Retail

  $737,121

Location Insight

City

Harrisburg

County

Dauphin

State

Pennsylvania

Latitude

40.2642

Longitude

-76.8866

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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