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1400 Proline Pl
Gettysburg, PA 17325

$1,500,000 USD

Medical Condo For Sale  •  9,490 SF

Property Details

  • Property Type Medical
  • Total Building Size 9,490 SF
  • Building Class B
  • Year Built 2006
  • Cap Rate 7.00 %
  • Tenancy Multiple
  • Zoning EC-1
30 Transit Score
30 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 500-1100 Medical Office 9,490 SF $1,500,000 USD
  • Unit Size: 9,490 SF
  • Condo Use: Medical Office
  • Price: $1,500,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $158.06 USD
Sale Notes
Property offers 7% CAP rate at 100% occupancy.

Description 

Professional office condominium complex (5 or 6 Suites included in sale(large unit 800/900 can be split in two - current sq ft is 4,025 for that unit joined)) located off Route 30 in the Adams Commerce Center, Gettysburg, PA, with convenient access to Route 15.  Offers an 7% CAP rate at 100% occupancy.  Four of the six Suites are currently leased, with two suites vacant and ready for owner occupancy or lease.  Condominium Association will be managed by the new owner.  Tenant paid CAM fees cover taxes, insurance, lawn care, snow removal, roof maintenance, exterior lighting, servicing of all complex A/C units, and more.  Property offers flexibility , strong income potential, and a prime location.  Ideal for an owner-occupant or investor!

Highlights

Convenient Access to Routes 30 & 15.
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
B 2,000 SF
Battlefield Estate & Elder Law LLC 1,650 SF 7/31/2029
C 2,025 SF
Diabold Nixdorf 1,000 SF 3/31/2027
MacGregor Mental Health 1,465 SF 6/30/2029
Sonex Professional Audio Services Inc. 1,350 SF 6/30/2029

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Marshall Miller 717-337-9950 Mountain Realty ERA Powered
Marshall Miller 717-337-9950 Mountain Realty ERA Powered