606 Logan Pl Confluence, PA 15424
- Commercial real estate
- 0.13 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 606 Logan Pl
- Year built
- 1925
- Construction
- FRAME
- Lot size
- 0.13 lot acres
- Property type
- Commercial real estate
- APN
- S13-015-149-000
- APU
- S13015149000
Description
This exceptional investment opportunity presents a charming, tenant-occupied retail building nestled in the heart of Confluence, Pennsylvania. Situated on a 0.13-acre lot at 606 Logan Place, this property offers a unique chance to acquire a thriving business already in place. The building currently houses a well-established food market, providing a steady stream of income for the new owner. The exact square footage of the building is not currently available. This turnkey operation eliminates the need for extensive renovations or tenant acquisition, allowing for immediate return on investment. The property's central location within Confluence ensures high visibility and accessibility for customers. This makes it an ideal investment for those seeking a stable, income-generating asset in a desirable Pennsylvania town. The asking price for this exceptional property is $325,000. Serious inquiries are encouraged to explore this promising investment opportunity further. Detailed financial information and tenant lease details are available upon request. Don't miss out on this chance to own a piece of Confluence's vibrant commercial landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $125,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $120,000
- 6.5%
- $120,000
- 7%
- $120,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $110,000
- Geo Method
- $110,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $130,000
- Retail
- $125,000
- Mixed-Use
- $130,000
- Hospitality
- $105,000
- Educational
- $100,000
- Residential Income
- $105,000
- Energy
- $130,000
- Income-Based Land
- $125,000
- Food Service
- $125,000
Location Insight
- Map
- Local Demand
- City
- Confluence
- County
- Somerset
- State
- Pennsylvania
- Longitude
- -79.3587
- Latitude
- 39.8115
- CBSA code
- 43740
- CBSA name
- SOMERSET, PA MICROPOLITAN STATISTICAL AREA