Homes for sale - 5 BROOKWOOD AVE, Carlisle, PA 17015

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$1,100,000

Est. payment - /mo

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5,068 SqFt

Active

5 BROOKWOOD AVE Carlisle, PA 17015

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Skip Tolley

skip@captainwaterfront.com +1(410) 935-7500

UPDATED:

12/26/2024 12:56 PM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 5,068 sqft

Price per Sqft $217

MLS Listing ID PACB2027834

Originating Board BRIGHT

Year Built 1986

Annual Tax Amount $11,507

Tax Year 2024

Property Description

Fully leased Medical office investment property featuring a 5,068-square-foot building on 0.76 acres in South Middleton Township . The building is demised into (2) medical office suites. The all-brick building is in great condition with updated interior finishes and functional medical office layouts. The main suite containing 3,088 SF is leased by UPMC Aesthetic Surgery through February 2028 with (2) three-year renewal options and annual rent escalations. There is a 1,750-square-foot suite leased to Partners in Women's Health, P.C. through December 2026 with annual rent escalations (no renewal options; tenant since 2003). HVAC is provided by electric heat pumps. NOI projected at $69,241.

The site is located at the signalized corner of Brookwood Avenue and Walnut Bottom Road within the Brookwood Office Park. This commercial location along a growing corridor provides easy access to Interstate 81, the UPMC Carlisle Hospital, and Downtown Carlisle amenities. The site is across from the Stonehedge Square Shopping Center anchored by Giant Foods. Access to the site is from Brookwood Avenue, and the property benefits from frontage and exposure along Walnut Bottom Road (AADT 6,100). There are 25 surfaced parking spaces. Site amenities include electronic business signage, (2) storage sheds in the rear, and a double-sided Lamar billboard leased at $314.85 per month.

Location

State PA

County Cumberland

Area South Middleton Twp (14440)

Zoning TOWN CENTER

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Central A/C

Heat Source Electric

Exterior

Garage Spaces 25.0

Utilities Available Sewer Available, Water Available, Electric Available

Water Access N

Roof Type Shingle

Accessibility None

Total Parking Spaces 25

Garage N

Building

Lot Description Corner

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools Boiling Springs

School District South Middleton

Others

Tax ID 40-23-0604-018

Ownership Leasehold

Acceptable Financing Cash, Seller Financing, Conventional

Listing Terms Cash, Seller Financing, Conventional

Financing Cash,Seller Financing,Conventional

Special Listing Condition Standard

Listed by ANDREW WOLFE • Wolfe & Company REALTORS