Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Automotive Business Opportunity in Somerset Title is generated by Realmo AI

    2473 N Center Ave, Somerset, PA 15501

    View on Map
    Claim this Listing
    For Sale
    $899,000

    COMMERCIAL - Somerset, PA

    Property size:
    6,000 SF
    Lot size:
    6.34 Acres
    Price / SF:
    $149/SF
    Added:
    Apr 7, 2026
    Days on Market:
    58
    Last Refresh:
    Jun 3 at 12:06 am

    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

    We can help!

    Listing Contact
    Lee Hoffman

    Listing agent Lee Hoffman

    Listing office REALTY ONE GROUP LANDMARK SOMERSET 101 W Main St, Indiana, PA

    Listing date Apr 7, 2026

    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.

    HighLights

    • 6.3 acre parcel with development potential.
    • 6,000 sq ft building suitable for various business uses.
    • Meticulously maintained 4‑bay garage.
    • Includes office space and break room areas.
    • Currently used as a high performance automotive business (business continuation possible).
    • Level land at rear provides additional parking.

    Overview

    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rhodes Performance Machine Industrial Manufacturer

    Suggested Use

    Spa & Massage Center Big Box & Wholesale Store Auto Parts Store Skin Care Clinic Storage Facility Electrical Service (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places 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

    Location Insight

    • Map
    • Local Demand
    City
    Somerset
    County
    Somerset
    State
    Pennsylvania
    Longitude
    -79.0774423
    Latitude
    40.0666732

    Nearby Similar for Sale

    • $899,000

      Automotive Business with Development Potential

      6.3-acre property with a meticulously maintained 6,000 SF building.
      2473 N Center Avenue, Lincoln Twp, PA 15501
      View Details
    • $250,000
      5,500 SF

      Spacious Commercial Property on 1.3 Acres

      Commercial property with office, warehouse, and detached buildings for sale.
      702 S Kimberly Avenue, Somerset, PA 15501
      View Details
    • $295,000
      3,086 SF

      Renovated Four-Unit Apartment Building

      Fully renovated four-unit apartment building in Somerset, Pennsylvania.
      537 N Edgewood Ave, Somerset, PA 15501
      View Details
    • $250,000

      Commercial Property on 1.3 Acres

      Spacious commercial property with office, warehouse, and detached buildings.
      702 S Kimberly Ave, Somerset Twp, PA 15501
      View Details
    • $295,000

      Renovated Fourplex Ready For Occupancy

      Completely renovated four-unit apartment building in Somerset Boro, Pennsylvania.
      537 N Edgewood Ave, Somerset Boro, PA 15501
      View Details
    • $1,282,500

      Well-Maintained Office Building For Sale

      7500 SF office building with newer roof and HVAC.
      142 Sagamore Street, Somerset Boro, PA 15501
      View Details
    • $209,900

      Mixed-Use Property with Commercial Shop

      Move-in-ready home and functional commercial shop on high-traffic corridor.
      575 Stoystown Rd, Somerset Twp, PA 15501
      View Details
    • $866,900
      5,576 SF

      Established Laundromat Business and Building

      Turnkey laundromat business and building for sale in Somerset.
      130 Plank Rd, Somerset, PA 15501
      View Details
    • $3,800,000
      14,600 SF

      Established Restaurant & Sports Bar

      Thriving restaurant and sports bar in Somerset, Pennsylvania for sale.
      1640 N Center Ave, Somerset, PA
      View Details
    • Contact for pricing
      368,594 SF

      Somerset Warehouse Distribution Facility

      368,594 SF warehouse on 34.392 acres for sale/lease.
      322 Revco Road, Somerset, PA 15501
      View Details
    • $350,000

      Commercial Property with Garage Facilities

      Unique commercial property ideal for various business ventures.
      1963 New Centerville Rd, Somerset, PA
      View Details
    • $475,000
      400 SF

      Retail

      1548-1554 N Center Ave, Somerset, PA 15501
      View Details

    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.
    (814) 279-1733
    We can help!
    Listing Contact
    Lee Hoffman
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2473 N Center Ave, Somerset, PA 15501
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!