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    707 Main St Sugarloaf, PA 18249

    For Sale
    $587,500

    High-traffic location, remodeled units, great potential.

    Property size:
    3,700 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional mixed-use property, located at 707 Main Street in Sugarloaf, PA, presents a compelling investment opportunity. The property encompasses two buildings situated on a 0.62-acre lot, offering a total of 3,700 square feet of space. The larger building features two commercial units and one residential unit, while the smaller building houses three additional commercial units. All units have undergone recent remodeling. The property benefits from a highly desirable location with high traffic volume, situated directly across from Main Street in Conyngham. Significant improvements include a new furnace installed on November 24th and central air conditioning in the smaller building. Ample parking is provided by three separate lots, accommodating approximately 20 vehicles. Enhanced security is ensured through the installation of security cameras. Currently, rental income is below market value, presenting a significant opportunity for increased profitability. Detailed financial information is available upon request. Evening appointments are available.

    Property Features for 707 Main St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,700 SF
    Lot Size
    27,007 SF

    Building Details

    Year Built
    1940
    Property Profile Location Intelligence

    Current Use by Public Records

    David E. Kite, ... Certified Public Accountant

    Suggested Use

    Spa & Massage Auto Repair Shop Hair Salon Nail Salon Department Store Kitchen & Bath Bar & Pub Food Market Grocery Store Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sugarloaf
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -76.07328
    Latitude
    40.99995

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Mixed-use property - High-traffic location, remodeled units, great potential.
    Where is this mixed-use property located?
    The property is located at 707 Main St Sugarloaf, PA.
    What is the asking price?
    The asking price for this property is $587,500.
    (570) 288-9371
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    707 Main St Sugarloaf, PA 18249
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    Sugarloaf, PA 18249
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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
    707 Main St Sugarloaf, PA 18249
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