2715-2725 MARKET Street, Warren, PA 16365

$1,720,000
Property Type: Commercial Sale Square Footage: 2,972 Lot Size (sq. ft.): 108,029 Status: Closed
Current Price: $1,720,000 List Date: 2/05/2015 Last Modified: 2/28/2025

Description

NET LEASE INVESTMENT A QUALITY CREDIT TENANT

More Information MLS# PM-20213

Contract Information

Listing Service: Full Service Lease Considered YN: Yes Property Sub Type: Unimproved Land Sold Price: $1,720,000 Current Price: $1,720,000 Status: Closed Listing Contract Date: 2015-02-02

Location, Tax, and Legal

Parcel Number: 0000000000000001 High School District: zOther See Remarks Cnty&Muni Taxes (Legacy): 0 School Tax Amount: 0 Tax Annual Amount: 0 Tax Assessed Value: 2225000 Tax Book Number: PARCEL 4-B Zoning Description: Commercial

General Property Information

Above Grade Finished Area: 2972 Stories: 1 Year Built Source: Other Lot Size Acres: 2.48 List Price/SqFt: 639.3 Sold Price/SqFt: 578.73 Building Area Total: 2972 Year Built: 2007

Remarks and Miscellaneous

Public Historical Remarks: Level: Grade, Location: FreeStnd, Exterior Amenities: Sign, #Doors: 1-5Full, Ceiling: 10-12FT, Also Includes: Lease, Location: Inside, Miscellaneous: Zoning Code GENERAL COMMERCIAL, Current Use: RESTAURANT. Lease Payment: Overtime Public Remarks: NET LEASE INVESTMENT A QUALITY CREDIT TENANT

Business Type

Fast Food: 1 Restaurant: 1

Income and Expenses

Cap Rate: 6.1

Listing Terms

Cash: 1 Conventional: 1 Assumable: 1 Trade: 1 Other: 1

Existing Lease Type

NNN: 1

Lease Term Options

Month To Month: 1 Other: 1

Owner Pays

Taxes: 1 Common Area Maintenance: 1 Parking Fee: 1 Grounds Care: 1

Possession

Close Of Escrow: 1

Current Use

Commercial: 1

Building Features

Building Warranty Included: 1 Ceiling Height: 10 Number of Dock Doors: 5 Other: 1

Construction Materials

Brick: 1 Metal Siding: 1 Frame: 1

Roof

Flat: 1

Electric

3 Phase: 1

Cooling

Central Air: 1

Heating

Geothermal: 1

Water Source

Public: 1

Sewer

Public Sewer: 1

Parking Features

On Site: 1

Road Frontage Type

State Road: 1 Highway: 1

Road Surface Type

Paved: 1 Asphalt: 1

Road Responsibility

Public Maintained Road: 1

Location Tax and Legal

Street Number: 2715-2725 Street Name: MARKET Street Suffix: Street City (Post Office): Warren State: PA Postal Code: 16365 Subdivision Name: Other

Status Change Information

Purchase Contract Date: 2015-02-05 Close Date: 2016-06-03 Close Price: 1720000

Property Features

Listing Terms: Cash; Conventional; Assumable; Trade; Other Existing Lease Type: NNN Lease Term Options: Month To Month; Other Owner Pays: Taxes; Common Area Maintenance; Parking Fee; Grounds Care Possession: Close Of Escrow Current Use: Commercial Business Type: Fast Food; Restaurant Building Features: Building Warranty Included; Other Construction Materials: Brick; Metal Siding; Frame Roof: Flat Electric: 3 Phase Cooling: Central Air Heating: Geothermal Water Source: Public Sewer: Public Sewer Parking Features: On Site Road Frontage Type: State Road; Highway Road Surface Type: Paved; Asphalt Road Responsibility: Public Maintained Road
Listing Office: RE/MAX Crossroads
IDX
Last Updated: February - 28 - 2025
Information deemed reliable but not guaranteed.