100 Pine StHarrisburg, PA 17101

For Sale
$10,950,000

Prime Harrisburg Office, Riverfront Views

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional nine-story, 98,520 square foot Class B office building, located at 100 Pine Street in Harrisburg, Pennsylvania, presents a compelling value-add investment opportunity. Boasting a prominent corner location at North Front and Pine Streets, the property offers stunning Susquehanna River views, particularly from its ninth-floor veranda. Built in 1966 with renovations in 1985 and 1992, the building features three passenger elevators, a freight elevator, and restrooms on each floor. The spacious floorplates, averaging approximately 11,000 square feet, currently serve as corporate headquarters. The building includes a large street-level lobby with entrances from both North Front and Pine Streets, and convenient access to covered parking via North River Street. The property also includes 178 covered parking spaces, 137 of which are individual condo parcels in an adjacent building, offering significant additional income potential. Situated in the Riverfront District, the building benefits from its proximity to major transportation arteries (I-83, I-81, I-76, US-322, US-22, US-11, US-15), the State Capitol Complex, UPMC Harrisburg Hospital Campus, and the new Federal Courthouse. The Harrisburg office market boasts a low vacancy rate due to its affordability, strong infrastructure, and the presence of government agencies. The property's location and size make it an ideal candidate for redevelopment, potentially residential conversion, given Harrisburg's ranking as a desirable place to live and the high demand for workforce housing. The asking price is $10,950,000, with a price per square foot of $111.14. The 0.28-acre lot is zoned for Riverfront District use. The property is offered fee simple, with no ground lease.

Highlights

  • 98,520 SF, nine-story Class B office building at 100 Pine Street, Harrisburg, PA.
  • 178 covered parking spaces, including 137 condo parcels in an adjacent building, offering additional income.
  • Riverfront location with Susquehanna River views and proximity to Riverfront Park, City Island, FNB Field, Broad Street Market, and Strawberry Square.
  • Excellent location in Harrisburg's Central Business District, near the State Capitol Complex, UPMC Harrisburg Hospital, and the new Federal Courthouse.
  • Easy access to major highways: I-83, I-81, I-76, US-322, US-22, US-11, and US-15.

Property Details for 100 Pine St

Property type
Other office properties, Medical offices
Square Feet
98,520 SF
Class
B
Year Built
1966
Stories
9
Lot Size (sq. ft)
12,197 SF

Location Insight

City
Harrisburg
County
Dauphin
State
Pennsylvania
Latitude
40.261110220069
Longitude
-76.886177145036
100 Pine St, Harrisburg, Pennsylvania

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100 Pine St
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