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2880 Pottsville Minersville Hwy
Minersville, PA 17954

Miner's Plaza · Retail Property For Sale

Investment Highlights

  • 12-Tenant Office and Retail Strip Center
  • National and Local Tenant Mix
  • Region Specific Tenants Drive Local Residents to Center
  • 12,000+ Vehicles Per Day
  • In Main Retail Cluster of Area
  • Great Upside Potential

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
35,000 SF
Building Class
B
Year Built/Renovated
1972/2010
Tenancy
Multiple
Number of Floors
1
Building FAR
0.54
Lot Size
1.50 AC
Parking
100 Spaces (2.86 Spaces per 1,000 SF Leased)

Amenities

  • Courtyard

About 2880 Pottsville Minersville Hwy , Minersville, PA 17954

The asset is a 35,000 SF, twelve tenant shopping strip that contains both local, regional, (national government) office, & retail store front tenants. The property is well situated on Pottsville-Minersville Highway, which sees over 12,000 vehicles per day. Also, the asset includes 4 billboards that provide great signage and additional income. Recently updated with several new tenant fit-outs. Significant value-add upside in demising & filling remaining spaces. (24.95% cash on cash return & 32.13% total return – upside through stabilization) All units have gas heat and central air. One of the available units features a restaurant with full service bar, seating for 150-175, separate banquet room, and outdoor patio. In addition, most kitchen equipment, including hoods, can be made available if requested. Also, some available units feature rear entrances for deliveries and high ceilings, easy drive up spaces and convenient parking. Located just outside the City of Pottsville heading toward Minersville, this location is part of the area's retail cluster that includes Rite Aid, Subway, Family Dollar, and other neighborhood supportive retail. The population within 3 miles is nearly 20,000 residents, attracting many local households toward the strip center.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 20-06-0047.002
  • 20-06-0047.003
  • 03-03-0015.001
Land Assessment
£65,294
Improvements Assessment
£521,252
Total Assessment
£586,546
  • Listing ID: 18558024

  • Date on Market: 18/02/2020

  • Last Updated:

  • Address: 2880 Pottsville Minersville Hwy, Minersville, PA 17954

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