75 Stark St - Manufacturing FOR SALE


Hudson, PA 18705
$1,695,000 USD
570-313-3190
75 Stark St, Hudson, PA for Sale
$1,695,000 USD
Manufacturing - FOR SALE
1/22
null | 8.85% Cap Rate

75 Stark St
Hudson, PA 18705


HIGHLIGHTS

  • Redevelopment Opportunity
  • Income Producing
  • Solid Tenant Mix

OVERVIEW

This 77,945 SF office/industrial complex in Plains, Pennsylvania presents a compelling value-add investment opportunity with immediate cash flow and significant long-term upside. The property is currently occupied by a diverse mix of smaller office and storage tenants, complemented by larger warehouse and distribution users, providing a broad and varied rent roll. While many of the existing leases are short-term in nature, they offer flexibility for future repositioning and redevelopment initiatives. Constructed with a durable steel frame and distinguished by its attractive brick façade and expansive window lines, the building possesses the architectural character and structural integrity sought after in adaptive reuse projects. Ample on-site parking further enhances its utility for both current tenants and future residents. The property does require capital investment and deferred maintenance improvements, creating an opportunity for investors to unlock value through strategic upgrades and modernization. Coupled with its strong multifamily conversion potential, an owner can continue to generate income from existing tenants while undertaking phased redevelopment in other portions of the building. This ability to maintain cash flow during a transition period, combined with the property's attractive architecture, flexible tenancy profile, and redevelopment potential, creates a rare opportunity to transform a well-located asset into a significantly higher-value investment. The property consists of a 34,000 SF front building originally constructed in 1922 as the American Silk Mill. The original structure is of brick and steel-frame construction with large window lines throughout, great for multifamily conversion. Several rear and side additions were constructed during the 1950s and 1970s, bringing the total area of the original complex to approximately 65,095 SF. In 2011, a 12,800 SF warehouse addition was completed. This section features modern steel-frame and sheet metal construction with 30-foot clear ceiling heights. The combined improvements total approximately 77,945 SF.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$22 USD /SF

CAP RATE

8.85%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Warehouse, Light Distribution, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

12 Ft

DOCKS

4

DRIVE INS

1

PARKING SPACES

50

LAND DETAILS

LAND ACRES

6.8

LAND SF

296,208

ZONING

R-2 Non-Conforming Use

APN/PARCEL ID

50-G10NE3-009-10A-000

ASK ABOUT THIS PROPERTY

Colin KeeferHinerfeld Commercial Real EstateMore Info
570-313-3190

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Colin KeeferHinerfeld Commercial Real EstateMore Info
570-313-3190

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.