Colonial Furniture

Industrial for Sale
Catylist Listing ID: 29924873
Property Subtypes: Manufacturing, Mixed Use, Office Showroom, Warehouse/Distribution
Building Size (RSF): 85,000 SF
Gross Building Area: See Agent
Gross Land Area: 5.13 Acres
Sale Price: $1,350,000
Unit Price: $15.88 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 8/17/2017

Overview / Comments

Former Colonial Furniture Co medium manufacturing facility with 85,000 SF w/ office space. Most important is a fully licensed & DEP approved transferable license Spray Booth room Included: 1) dust collection system, 2) parts of compressed air system, & 3) 12,000 lb scissor lift. Add'l land included. Ceiling heights in different sections from 10-24'.

Property is not affected by Biggerts-Waters Flood Insurance Reform Act.
Bldg designed w/ future expansion in mind.
Fully wet sprinklered
Fully heated oil steam
Well insulated building
1-10,000 & 2-5,000 gal fuel oil tanks which are part of Comm of PA Insurance Dept Underground Storage Tank Indemnification Fund; est cost $1,200/yr.
8' overhead doors; standard dock height (6 dock-height; 2 ground level), 6 w/ dock levelers
1-14' high ground level door
2 buss direct lines: (480V/240V)
Transferable Muirfield Energy contract @ .07500/kwh
Compressed air lines run throughout factory
Dust collection system
Modern finishing operation, 6 spray booths, Kremlin HVLP spraying system. Devilbis hot spray system installed. This spray room is fire zoned w/ automatic closing fire doors. License is transferable & valid until 2018.

2013 to 2014 heating oil use: 14,167 gallons used by 2 boilers. 1 for manufacturing side and 1 for finishing side. Oil is metered to finishing side which used 3490 gal. And 10,677 to rest of building.

ALSO available for lease: $.28-$.35/SF/yr depending on section of bldg.

Additional Details

Nearest MSA: Selinsgrove
County: Snyder

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 575 4,743 19,426
Median Age: 43.61 39.77 38.65
Households: 257 1,759 6,980
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