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    849 Diamond St Williamsport, PA 17701

    For Sale
    $495,000

    High-Traffic Retail, Office & Apartments

    Property size:
    8,818 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional Williamsport property presents a unique blend of commercial and residential income potential. Situated on a 0.18-acre corner lot at 849 Diamond Street, this attractive brick building offers 8,818 square feet of versatile space. The main level encompasses a 5,000 square foot retail suite, ideal for a variety of businesses. Its prime location in Newberry ensures high visibility and foot traffic, enhanced by large front display windows and prominent electronic signage. Security features include an alarm system and camera surveillance, providing peace of mind. Adding to the investment appeal, the upper level comprises two apartments, generating a consistent rental income stream. This property is a turnkey opportunity for an investor seeking a diversified portfolio or a business owner looking for a high-impact location with ample space for operations and potential expansion. The building's robust construction and desirable location make it a compelling investment in a thriving community. The combination of retail, office, and residential spaces offers a unique opportunity to maximize returns and create a sustainable income stream. This is a rare chance to acquire a well-maintained property in a high-demand area. The property is priced at $495,000.

    Property Features for 849 Diamond St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    8,818 SF
    Lot Size
    7,841 SF

    Building Details

    Year Built
    1948
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Williamsport School of Self ... Martial Arts School Mark Sales And Leasing Furniture Rental Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Williamsport
    County
    Lycoming
    State
    Pennsylvania
    Longitude
    -77.05594
    Latitude
    41.23915

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    FAQs

    What type of property is this?
    Commercial real estate - High-Traffic Retail, Office & Apartments
    Where is this commercial real estate located?
    The property is located at 849 Diamond St Williamsport, PA.
    What is the asking price?
    The asking price for this property is $495,000.
    (570) 326-4067
    Request Owner's contact information
    849 Diamond St Williamsport, PA 17701
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    Williamsport, PA 17701
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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
    849 Diamond St Williamsport, PA 17701
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