This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

662 Penn St

107,711 SF 100% Leased 4-Star Office Building Newtown, PA 18940 $28,348,401 CAD ($263 CAD/SF)

Executive Summary

The building improvements consist of an 88,746 +/- square foot free-standing two and part three-level office building constructed in 2004 for owner occupancy by Law School Admissions Counsel. The main entrance is located above grade along the south elevation and is accessed by exterior stairs and an ADA-compliant concrete ramp. Additional employee and maintenance entrances are located along the north, east and western elevations of the building.
The main entrance leads to a reception area and a two-story atrium in the middle of the building. The second floor is accessed primarily by an atrium staircase and an adjacent passenger elevator that also services the lower level. The first floor contains private offices, open general office areas with cubicles, a 100+ seat lunch room with an outdoor terrace, a mail/copy room, a computer server room, two multiple-piece lavatories and a receiving area with two tailgate loading doors. The second floor has a traditional office layout with lavatories, small break rooms and file/copy rooms in the center core, general offices and smaller private offices adjacent to the core, and private offices and conference rooms along the perimeter. Four first and second-floor offices (two per floor) along the eastern elevation have private balconies. The lower level of the building contains a 54 car subterranean parking garage, a newly finished area with a fitness room, break room, training room, and two lavatories. Also, there are two climate-controlled (basement) storage areas on the lower level which are not included in the building area calculations.
Two interior fire tower staircases provide emergency ingress and egress to the building.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
107,711 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2004
Price
$28,348,401 CAD
Price Per SF
$263 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
44,373 SF
Slab To Slab
9’
Building FAR
0.35
Land Acres
7.09 AC
Zoning
L1
Parking
265 Spaces (2.99 Spaces per 1,000 SF Leased)

Amenities

  • Atrium
  • Courtyard
  • Fitness Center
  • Outdoor Seating
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-010-033
Land Assessment
$173,636 CAD
Improvements Assessment
$1,479,423 CAD
Total Assessment
$1,653,059 CAD
  • Listing ID: 28989790

  • Date on Market: 2023-07-13

  • Last Updated:

  • Address: 662 Penn St, Newtown, PA 18940

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}