2075 Norwegian StPottsville, PA 17901

Property Details for 2075 Norwegian St

Year built

1988

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.16 AC

Property size (Sq ft)

9,500 SF

Property type

Specialty properties

Property subtype

Day care centers & nurseries

APN

68-47-0045.000

APU

68470045000

Description

This exceptional commercial property at 2075 W Norwegian Street in Pottsville, PA, presents a unique investment opportunity. Boasting 9,500 square feet of well-maintained space on a 1.16-acre corner lot, this full-brick building offers incredible versatility. The property features a generous 25+ car parking area, a significant advantage for businesses requiring ample client or employee parking. Inside, the building boasts a large kitchen area, perfect for a variety of uses, and is equipped with handicap-accessible restrooms. The building's design includes numerous windows, allowing for abundant natural light, and a sizable deck area, ideal for outdoor activities or expansion. A notable feature is the open gym area, measuring 24' x 52', with impressive 11'10" clear ceilings. The kitchen area also benefits from these high ceilings, measuring 20' x 22'. The remaining areas feature 9' ceilings. The property also includes a children's play area, which could be maintained, removed, or potentially donated to the adjacent Rotary Park, offering flexibility to the new owner. This prime Pottsville location and the building's adaptable layout make it an attractive prospect for a wide range of commercial ventures. Priced at $725,000, this property offers a compelling return on investment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,433,333

  6.5%

  $1,323,076

  7%

  $1,228,571

• Comparable approach

  Method

  Valuation

  Relative Method

  $837,724

  Geo Method

  $1,427,460

• Alternative Use

  Use

  Valuation

  Residential

  $1,678,378

  Hospitality

  $1,537,385

  Educational

  $1,279,087

  Medical

  $1,323,076

  Retail

  $1,989,690

Location Insight

City

Pottsville

County

Schuylkill

State

Pennsylvania

Latitude

40.6749

Longitude

-76.2213

CBSA code

39060

CBSA name

POTTSVILLE, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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