52 S DockSharon, PA 16146

Description

Rich in local history as the longtime headquarters of The Herald, this iconic downtown landmark occupies a high-visibility corner lot featuring approx 63 feet of frontage on East State Street and approx 422 feet of frontage along South Dock Street. The property showcases an exceptionally solid masonry structure built to heavy-duty industrial standards, spanning approximately 21,750 sq. ft. of usable interior space, comprising of 2 floors totaling 14,500 sq. ft. of multi-level office suites. The primary floor with entrance on S Dock St features multiple private offices, open bay, server & dark rooms, restroom facilities, intake front reception. The 2nd floor of office space features conference room, lunch room, private office suites, newsroom bay, lobby, restrooms & access to 3rd floor. The 7,250 sq. ft. walk out lower-level warehouse/basement storage bay, 12 course high with steal beams, break room, locker & shower room, electrical room, storage cage, alarm fob system with Vector security. The elevator runs from walk out basement to the 2nd floor. The 3rd-floor mechanicals room housing central plant infrastructure is accessed via stairs & grants roof access. Under C-2 General Commercial zoning, this prime corner site offers outstanding potential for a corporate headquarters, professional hub, or conversion into unique loft apartments and mixed-use living spaces (subject to municipal approvals and conditional use oversight). Strategically located in a targeted downtown revival corridor, qualifying developers and investors can leverage state and local incentive opportunities: including Pennsylvania Keystone Communities Grants, Commonwealth RACP funding, CDBG economic development loans, and LERTA property tax abatements to significantly offset renovation and redevelopment costs. Newer roof over the 2nd floor. **photos have been virtually updated to empty rooms & declutter

Property Information

Property type

Commercial Sale

Sub-type

Office

Year built

1969

Lot size

1.00 acres

Lot dimensions

422x63

Zoning

C-2

Days on market

44

MLS^® Listing#

1770926

Property Features

Construction

Brick

Utilities

Electricity Available · Natural Gas Available · Other · Sewer Available · Water Available

Financial Details

Annual taxes

$10,780

Assessed value

$73,950

Directions

From Hermitage PA: East State St West to Dock st. Building on L