Automotive Business Opportunity in
2473 N Center Ave Somerset, PA 15501
2473 N Center Ave, Somerset, PA, 15501
$899,000
For Sale
$899,000
COMMERCIAL - Somerset, PA
Property Size6,000 SF
Lot Size6.34 Acres
Price / SF$149.83
Days on Market103
Property Features for 2473 N Center Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Not Zoned
- Standard status
- Active
- APN
- S24-008-042-00
- Size
- 6,000 SF
- Lot size
- 6.34 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- DBV 1124 /47
- Tax Annual Amount
- 6170
Building Details
- Floors in Building
- 1
Listing Agency
REALTY ONE GROUP LANDMARK SOMERSET
(814) 483-8467
101 W Main St, Indiana, PA
Listed by
Lee Hoffman
(814) 279-1733
Added: Apr 7 Checked: Jul 18 at 11:06 am
MLS# 96041353
Copyright © 2026 Cambria Somerset Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property features a 6,000 square foot building currently used as a high-performance automotive business. The building includes a four-bay garage and is meticulously maintained, featuring office space, additional offices, and break room areas. Situated on a 6.342-acre parcel, the property offers potential for further development. The land extends to the rear of the building, is mainly level, and currently serves as additional parking. Located in Somerset, Pennsylvania, the property could continue as an automotive business or support other business pursuits.
Key Highlights
- 6.3 acre parcel with development potential.
- 6,000 sq ft building suitable for various business uses.
- Meticulously maintained 4‑bay garage.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.0k | $8.83 |
| − Vacancy | −$3.0k | −$0.49 |
| EGI | $50.0k | $8.34 |
| − OpEx | −$15.0k | −$2.50 |
| NOI | $35.0k | $5.83 |
6,000 SF · lease $8.83/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.84M
$1.61M – $2.14M
NOI $128,512 @ 7.0% cap · market cap 14.29%
Second Best
Industrial
$500.1K
$437.6K – $583.5K
NOI $35,009 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$1.90M
$1.66M – $2.22M
NOI $133,056 @ 7.0% cap · market cap 14.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Rhodes Performance Machine
Industrial Manufacturer
Similar For Sale Nearby
Similar Off Market Nearby
- Cadillac Service Center — 2006 N Ctr Ave, Somerset, PA 15501
- Body Shop - Memorial Highway Chevrolet of Somerset — 2006 N Ctr Ave, Somerset, PA 15501
- Kenny Ross Chevrolet Service Center — 2006 n center ave suite a, somerset, pa 15501
- Walmart Auto Care Centers — 2028 N Ctr Ave, Somerset, PA 15501
FAQs
What type of property is this?
Auto shop - 6.3-acre property with 6,000 SF building suitable for various businesses.
Where is this auto shop located?
The property is located at 2473 N Center Ave Somerset, PA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 6.3 acre parcel with development potential.; 6,000 sq ft building suitable for various business uses.; Meticulously maintained 4‑bay garage.
