Four-Building Mixed-Use
7468 Admiral Peary Highway, Cresson, PA 16630
COMMERCIAL - Cresson, PA
Property size:
13,696 SFLot size:
0.91 AcresPrice / SF:
$182/SF- Added:
- Aug 4, 2025
- Days on Market:
- 328
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 7468 Admiral Peary Highway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Exterior features
- Private Yard, Rain Gutters
- Standard status
- Active
- APN
- 015 119066
- Size
- 13,696 SF
- Lot size
- 0.91 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 15-022. -101.002, 15-022. -103.000, 15-022. -103.001
- Tax Annual Amount
- 8971
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Hot Water(Heating), Forced Air
- Water source
- Public
Building Details
- Year built
- 1993
- Building materials
- Vinyl Siding, Wood Siding, Brick
- Roof type
- Shingle, Metal
Listing agent Sean Ford License #AB069779 (814) 207-9165
Listing office Lang Real Estate 210 Ashcroft Avenue, Cresson, PA (814) 886-8111
Listing date Aug 4, 2025
MLS# 78087
Copyright © 2026 Allegheny Highland 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
- Mixed‑use property on just under an acre with four buildings for multiple business and living uses
- Hunting and fishing retail space with office, restroom, sales floor, and stock room; inventory and furnishings are negotiable
- Former gas station/corner store building with an occupied 4‑bedroom, 1‑bath apartment on the second level
- Commercial garage/former car wash building that could be used for storage, including boat storage
- Butcher shop/former residence building; previously used as a deer butcher shop and once a residence
- Utilities include public water and public sewer; heat includes forced air and natural gas, plus hot water heating
Overview
This for-sale mixed-use property includes four separate buildings on approximately 0.91 acres totaling about 13,696 square feet, each with its own layout and history. The first building is currently operating as a hunting and fishing retail location with an office area, restroom, sales floor, and stock room, and the remarks note that inventory and furnishings are negotiable. The second building was formerly a gas station and corner store; the second level contains a currently occupied 4-bedroom, 1-bath apartment, while the ground floor offers space that could be repurposed for commercial use. The third building was formerly a commercial garage and car wash and may be adapted for storage uses. The fourth building was used as a butcher shop and included a residence; it may be converted for rental or commercial use with additional work.
Located at 7468 Admiral Peary Highway in Cresson, Pennsylvania, the property is identified as Commercial zoning.
The current configuration supports buyers who want to maintain an operating retail component while also evaluating how to use the remaining buildings. With an occupied apartment already in place and additional structures that can be reimagined for other commercial or storage-oriented uses, the site can work for an owner-operator or investor seeking a multi-building platform with multiple paths to utilization.
Located at 7468 Admiral Peary Highway in Cresson, Pennsylvania, the property is identified as Commercial zoning.
The current configuration supports buyers who want to maintain an operating retail component while also evaluating how to use the remaining buildings. With an occupied apartment already in place and additional structures that can be reimagined for other commercial or storage-oriented uses, the site can work for an owner-operator or investor seeking a multi-building platform with multiple paths to utilization.
Local Financial Insights For Specialty Retail
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 | $205.4k | $15.00 |
| − Vacancy | −$21.6k | −$1.58 |
| EGI | $183.9k | $13.43 |
| − OpEx | −$46.0k | −$3.36 |
| NOI | $137.9k | $10.07 |
13,696 SF · lease $15.00/SF/yr · vacancy 10.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.97M
$1.72M – $2.30M
NOI $137,902 @ 7.0% cap · market cap 5.52%
Second Best
Retail
$1.93M
$1.69M – $2.25M
NOI $135,180 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$4.13M
$3.62M – $4.82M
NOI $289,260 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Miller's Hunting & Fishing ...
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Cresson
- County
- Cambria
- State
- Pennsylvania
- Longitude
- -78.596284
- Latitude
- 40.460029
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Four-building mixed-use site in Cresson offering retail, an occupied apartment, and redevelopment options.
Where is this mixed-use property located?
The property is located at 7468 Admiral Peary Highway Cresson, PA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Mixed‑use property on just under an acre with four buildings for multiple business and living uses; Hunting and fishing retail space with office, restroom, sales floor, and stock room; inventory and furnishings are negotiable; Former gas station/corner store building with an occupied 4‑bedroom, 1‑bath apartment on the second level
