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    100 Bank St Grindstone, PA 15442

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    For Sale
    $85,000

    Flexible commercial space with redevelopment potential in a prime location.

    Lot size:
    0.41 Acres

    Property Features for 100 Bank St

    General Information

    Lot size
    0.41 Acres

    Building Details

    Year built
    1938

    Source: JANUS REALTY ADVISORS Agent JANUS REALTY ADVISORS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grindstone Commercial Property on Route 40

    This commercial property, situated in the heart of Grindstone along historic Route 40, offers nearly 3,000 square feet of flexible space. The building benefits from excellent visibility, a spacious parking lot, and a generous lot size with room to expand. Previously occupied by L & D Video store, the structure is suitable for various business uses, including retail, office, specialty shop, or service-based operations. Engineering approval has been secured to convert the building into a multi-unit residential dwelling, presenting an opportunity for investors interested in commercial or multi-family redevelopment. The interior layout features multiple points of entry, large open rooms, and adaptable square footage suitable for build-out or reconfiguration.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Electrical Service Furniture Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Grindstone
    County
    Wayne
    State
    Pennsylvania
    Longitude
    -79.8312
    Latitude
    40.0168

    FAQs

    What type of property is this?
    Retail space - Flexible commercial space with redevelopment potential in a prime location.
    Where is this retail space located?
    The property is located at 100 Bank St Grindstone, PA.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: - Prime commercial property with nearly 3,000 sq ft of flexible space.; - Located directly on historic Route 40 with excellent visibility.; - Engineering approval for conversion to a multi-unit residential dwelling.
    Request Owner's contact information
    100 Bank St Grindstone, PA 15442
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    100 Bank St
    Grindstone, PA 15442
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    Realmo Value Estimation

    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.

    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.

    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
    100 Bank St Grindstone, PA 15442
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