201 N Jefferson St
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201 N Jefferson St
22,070 SF 9% Leased Office Building Kittanning, PA 16201 $602,425 CAD ($27 CAD/SF)
Investment Highlights
- Brick office building was previously used by a telephone company and most recently as a pharmacy. Paved parking for 40 cars as well as street parking.
- Quick access to Route 28 and Route 422. Within a 45 minute commute to Pittsburgh depending on traffic.
- In addition to a variety of separate offices, there are three large clear span areas.
Executive Summary
Large office building in downtown Kittanning. Close to Route 28 and Route 422 as well as Armstrong Memorial Hospital.
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$103,759
|
$4.70
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$103,759
|
$4.70
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $103,759 |
| Annual Per SF | $4.70 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $103,759 |
| Annual Per SF | $4.70 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
22,070 SF
Building Class
B
Year Built
1955
Price
$602,425 CAD
Price Per SF
$27 CAD
Percent Leased
9%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,357 SF
Building FAR
0.73
Land Acres
0.69 AC
Zoning
B-1 - Zoning Use from municipality is available upon request.
Parking
40 Spaces (1.81 Spaces per 1,000 SF Leased)
Amenities
- High Ceilings
- Open-Plan
- Drop Ceiling
- Air Conditioning
1 of 1
Walk Score ®
Very Walkable (72)
Bike Score ®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 21-0-014275 | Improvements Assessment | $106,106 CAD (2024) |
| Land Assessment | $139,338 CAD (2024) | Total Assessment | $245,444 CAD (2024) |
PROPERTY TAXES
Parcel Number
21-0-014275
Land Assessment
$139,338 CAD (2024)
Improvements Assessment
$106,106 CAD (2024)
Total Assessment
$245,444 CAD (2024)
-
Michael Kusenko -
Meridian Real Estate Group
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201 N Jefferson St
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