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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
Date Available Immediately
Price $147,500

Zoning

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.

Building Information

SF Available 9,332
Additional information Entire building
Total SF in Building 9,332
Construction Masonry
Elevator None
Number of Floors Three
Sprinklers None
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
Basement Yes
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

Land Information

Acres 0.17 AC
Land SF 7,405
Fencing None
Frontage 40'+/- along N. 2nd Street
Parking Three designated parking spots (one is handicap). There is also on-street parking.
Topography Level
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

Utilities

Water Public
Sewer Public
Gas None

Sales Information

For Sale Yes
For Lease No
Price $147,500
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
Date Available Immediately

Location

Photos (4)

Plans (4)

Information concerning this offering is from sources deemed reliable, but no warranty is made as to the accuracy thereof, and it is submitted subject to errors, omissions, change of price or other conditions, prior sale or lease, or withdrawal without notice. All sizes approximate.
NAI CIR | 1015 Mumma Road, Lemoyne, PA 17043 | PA Licence #RB024320A
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Information concerning this offering is from sources deemed reliable, but no warranty is made as to the accuracy thereof, and it is submitted subject to errors, omissions, change of price or other conditions, prior sale or lease, or withdrawal without notice.