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Listed by BERKSHIRE HATHAWAY THE PREFERRED REALTY
$ 900,000
Est. payment | /mo
1 Acres Lot
$ 900,000
Est. payment | /mo
1 Acres Lot
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1770926
HOA Y/N No
Year Built 1969
Annual Tax Amount $10,780
Lot Size 0.998 Acres
Acres 0.9983
Property Sub-Type Office
Property Description
Rich in local history as the longtime headquarters of The Herald, this iconic downtown landmark occupies a high-visibility corner lot featuring approx 63 feet of frontage on East State Street and approx 422 feet of frontage along South Dock Street. The property showcases an exceptionally solid masonry structure built to heavy-duty industrial standards, spanning approximately 21,750 sq. ft. of usable interior space, comprising of 2 floors totaling 14,500 sq. ft. of multi-level office suites. The primary floor with entrance on S Dock St features multiple private offices, open bay, server & dark rooms, restroom facilities, intake front reception. The 2nd floor of office space features conference room, lunch room, private office suites, newsroom bay, lobby, restrooms & access to 3rd floor. The 7,250 sq. ft. walk out lower-level warehouse/basement storage bay, 12 course high with steal beams, break room, locker & shower room, electrical room, storage cage, alarm fob system with Vector security. The elevator runs from walk out basement to the 2nd floor. The 3rd-floor mechanicals room housing central plant infrastructure is accessed via stairs & grants roof access. Under C-2 General Commercial zoning, this prime corner site offers outstanding potential for a corporate headquarters, professional hub, or conversion into unique loft apartments and mixed-use living spaces (subject to municipal approvals and conditional use oversight). Strategically located in a targeted downtown revival corridor, qualifying developers and investors can leverage state and local incentive opportunities: including Pennsylvania Keystone Communities Grants, Commonwealth RACP funding, CDBG economic development loans, and LERTA property tax abatements to significantly offset renovation and redevelopment costs. Newer roof over the 2nd floor. **photos have been virtually updated to empty rooms & declutter
Location
State PA
County Mercer
Area Sharon
Zoning C-2
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available, Other, Sewer Available, Water Available
Road Frontage State Road
Building
Structure Type Brick
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Ronalyn Mitcheltree
REALTOR® | Lic# RS276216