131-157 W Main Street, Bloomsburg, PA 17815 (MLS# 17-4405)

131-157 W Main Street, Bloomsburg, PA 17815

$2,500,000

Unique Investment Opportunity in Historic District of Bloomsburg

Student Apartments, Retail/Office Storefronts, Warehouse Space

East side of building showing rear access to parking lot.

All student housing apartments have two ingress & egress points. Inspections are current.

Laundry area offers 6 coin operated washing machines and 6 dryers. Convenient access from all apartments.

Over 5000 sqft of under-utilized warehouse space. Potential of additional student housing.

Rear of property facing west. Overhead door access to warehouse space.

Walk-in door access to warehouse space, two-level apartment/storage area and additional parking spaces along rear of property.

First floor currently storage space, second floor modern 4 bedroom apartment.

Three separate parking areas generate additional income & easy access to coin operated laundry.

Parking for 66 cars over three lots adds income. View of rear of apartments.

Property Type: Commercial Sale Baths: 30 Square Footage: 34,100 Lot Size (sq. ft.): 42,253 Status: Closed

Current Price: $2,500,000 List Date: 8/18/2017 Last Modified: 9/15/2024

Overview

Description

Offered to qualified buyers the opportunity to acquire one entire block in Historic District of Bloomsburg. Excellent rental history and positive cash flow. Property consists of 22 well maintained student units (58 bedrooms), six fully occupied retail/office spaces, warehouse space, paid off-street parking and a coin operated laundry. Qualified buyers, please.

Listing Details MLS# 17-4405

Location, Tax & Legal

House # (1): 131-157
Street Direction Pfx: W
Street Name: Main
Street Suffix: Street
City (Post Office): Bloomsburg
State/Province: PA
Zip Code: 17815
MLS Area: Misc Out of County
County: Columbia
Municipality: Town of Bloomsburg
Develop/Subdivision: None
School District: Bloomsburg
Zoning: Commercial
PIN#: 05W-05-048-00,000;05W-05-048-01,000;05W-05-048-02
DB/Record Book: 20031
Page: 2269, 2267, 2265
Appeal Pending: No
Total County Assmnt: 285907
Est County Tax: 3326
Est Total Tax: 19372

Listing Information

For Sale: Y
Limited Service: No

Property Information

Realtor.COM Type: Commercial
Aprx Total SF: 34100
SqFt Office: 5700
SqFt Warehouse: 5200
SqFt Other: 23200
Year Built: 1900
Year Built Age: 100 Plus Yrs
Stories: 3
# Acres: 0.97
Acreage Range: Up to 1 Acre
# Spaces Off-Street: 66
Garage Stalls: 2
Total Bathrooms: 30
# of Docks: Yes
Environmental Survey: N

Remarks Directions

Directions: Main Street in Downtown Bloomsburg between Jefferson and Murray Avenue. GPS 157 West Main Street Bloomsburg.

Status Change Information

Under Contract Date: 2017-10-12
Sold Date: 2018-01-03

Overhead Doors

# of Overhead Doors: Yes
16' 1 to 20': Yes

More Information

Remarks & Directions

Included: Laundry washers & dryers, appliances in apartments
Excluded: Personal property of owner & tenants
Hot Sheet Comment: new

Showing Instructions

Other - See Remarks: Yes

Income & Expenses

Cash Flow Stmt Avail: Yes
Prop Op Data Avail: Yes

Heat Fuel Type

Electric: Yes
Gas: Yes

Heat Type

Combination: Yes
Electric Baseboard: Yes
Heat Pump: Yes

Condition

Very Good: Yes

AC Type

Other - See Remarks: Yes

Hot Water

Electric: Yes
Gas: Yes
Other - See Remarks: Yes

Water

Public: Yes

Exterior

Brick: Yes
Stone: Yes
Stucco: Yes
Vinyl: Yes
Other - See Remarks: Yes

Sewer

Public: Yes

Roof

Asbestos Shingles: Yes
Rubber: Yes
Other - See Remarks: Yes

Property Features

Basement: Yes
Conference Room: Yes
Display Window: Yes
Established Business: Yes
Exterior Lighting: Yes
Fire Alarm: Yes
Garage Bays: Yes
High Traffic Area: Yes
Loading Docks: Yes
Prime Location: Yes
Rest Rooms: Yes
Storage - Inside: Yes
Turnkey Operation: Yes

Present Use

Apartments: Yes
Business: Yes
Commercial: Yes
Professional Offices: Yes
Retail: Yes
Warehouse: Yes
Other - See Remarks: Yes

Ceiling Height

Up to 8'0': Yes
20'1' to 30': Yes

Included in Sale

Land: Yes
Building: Yes
Existing Leases: Yes

Electrical Service

Circuit Breakers: Yes
100-199 Amps: Yes

Property Features

Showing Instructions: Other - See Remarks Heat Fuel Type: Electric; Gas Heat Type: Combination; Electric Baseboard; Heat Pump AC Type: Other - See Remarks Hot Water: Electric; Gas; Other - See Remarks Water: Public Sewer: Public Exterior: Brick; Stone; Stucco; Vinyl; Other - See Remarks Condition: Very Good Roof: Asbestos Shingles; Rubber; Other - See Remarks Property Features: Basement; Conference Room; Display Window; Established Business; Exterior Lighting; Fire Alarm; Garage Bays; High Traffic Area; Loading Docks; Prime Location; Rest Rooms; Storage - Inside; Turnkey Operation Present Use: Apartments; Business; Commercial; Professional Offices; Retail; Warehouse; Other - See Remarks Ceiling Height: Up to 8'0'; 20'1' to 30' Included in Sale: Land; Building; Existing Leases Overhead Doors: 16' 1 to 20' Electrical Service: Circuit Breakers; 100-199 Amps

Listing Office: Benjamin Real Estate

Listing Agent: Judith Knelly

Last Updated: September - 15 - 2024

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing