1 N. 2nd Street
Newport, PA 17074
Perry County, Newport Borough
Former bank (1st floor) centrally located on the Square. The second and third floors were apartments which will need total renovation and current permits to be occupied as rental units, but the space is there to accommodate this use in the building.
|Square Feet Available||9,332 SF|
|Lot Size||0.17 AC|
Commercial Downtown (C-2), which permits dwelling units, on or above the 2ndfloor, retail services (sale/rental of: building materials, general merchandise, grocery store, automotive parts, apparel & accessories, home furniture, videos & DVDs, toy & hobby, antiques, art, bakery, candy, ice cream and other similar items), personal services (laundry cleaning/drying, carpet & upholstery cleaning, beauty & haircut, shoe repair, tax return, rental services including recreational equipment, costumes, formal wear, weight loss, massage & chiropractic, tanning, tattoo & other similarly related services), professional services, funeral homes, restaurants and taverns, excluding fast-food restaurants, studios or galleries for teaching.
|Additional information||Entire building|
|Total SF in Building||9,332|
|Number of Floors||Three|
|HVAC||Oil heat (barber shop has supplemental baseboard heat)/electric A/C|
|Ceiling Type||First floor - 2nd look acoustic tile; second and third floors - plaster|
|Ceiling Height||8' 11" - 9' 5"|
|Floor Type||Varies throughout - carpet, tile and wood|
|Business ID Sign||Yes; on exterior of building|
|Restroom||Three, one per floor|
|Electrical Capacity||225 Amp and 200 Amp; 3-phase|
|Roof||Standing seam metal|
|Walls||First floor - painted drywall; second and third floors - plaster and wallpaper|
|Lighting||First floor - fluorescent|
|Frontage||40'+/- along N. 2nd Street|
|Parking||Three designated parking spots (one is handicap). There is also on-street parking.|
|Historic District||Newport Historic District, which is on the Historic Registry.
Renovation of the building may be eligible for federal tax credits.
|Flood Zone||Yes - Property is located in the 100-year flood plain|
|Tax Parcel Number||190-046.04-091.000 and 190,046.04-092.000|
|Price Notes||A sale to other financial institutions may include a purchaser's premium of at least 20%.|
|Real Estate Tax||Approximately $8,750 annually (2019)|
|Transfer Tax||Two percent (2%) to be paid by Buyer|
|Expenses||None on file|
|Insurance||Per Buyer's carrier|
|Financing||Cash or conventional|