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425 Mercer St

10,000 SF 70% Leased Office Building Volant, PA 16156 £364,136 (£36/SF) 20% Net Initial Yield

Investment Highlights

  • Minutes from Grove City
  • Close to Grove City College and Westminster College
  • 2 Miles from State Route 19

Executive Summary

KW Commercial is pleased to present the Former Volant Elementary School - Buy or lease a piece of history. The fully renovated interior of this vintage brick boasts offices, conference and reception areas, and has a full technology upgrade. Four modern apartments allow for corporate guests or full time tenants.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
10,000 SF
Building Class
C
Year Built
1890
Price
£364,136
Price Per SF
£36
Net Initial Yield
20%
NOI
£72,827
Percent Leased
70%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
5,000 SF
Slab to Slab
10 ft
Building FAR
0.49
Land Acres
0.47 AC
Zoning
R3 - Multi-family Residential
Parking
30 Spaces (3 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Security System

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 3,000 SF
  • Office
  • Full Build-Out
  • Now

Former Volant Elementary School - Buy or lease a piece of history. The fully renovated interior of this vintage brick boasts offices, conference and reception areas, and has a full technology upgrade. Four modern apartments allow for corporate guests or full time tenants. ADA access.

Space Size Space Use Condition Available
1st Floor 3,000 SF Office Full Build-Out Now

1st Floor

Size
3,000 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 3,000 SF
Space Use Office
Condition Full Build-Out
Available Now

Former Volant Elementary School - Buy or lease a piece of history. The fully renovated interior of this vintage brick boasts offices, conference and reception areas, and has a full technology upgrade. Four modern apartments allow for corporate guests or full time tenants. ADA access.

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(724) 933-8500

  • Listing ID: 8174151

  • Date on Market: 17/07/2017

  • Last Updated:

  • Address: 425 Mercer St, Volant, PA 16156

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425 Mercer St, Volant, PA for sale Building Photo- Image 1 of 10
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425 Mercer St, Volant, PA for sale Interior Photo- Image 5 of 10
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425 Mercer St, Volant, PA for sale Interior Photo- Image 6 of 10
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© 2024 CoStar Group

425 Mercer St
(724) 933-8500 x

425 Mercer St

Philip LaMay

(724) 933-8500

(724) 933-8500

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