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    Main St Blakely, PA 18447

    Sponsored
    For Sale
    $389,900

    High-visibility, renovated multi-unit building.

    Property size:
    4,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional investment opportunity presents a renovated 4,000 square foot commercial building situated on a 0.3-acre lot in the vibrant town of Blakely, PA. The property boasts a prime location offering high visibility and excellent street exposure, ideal for attracting a diverse clientele. The building is comprised of three distinct commercial units on the ground floor, currently generating rental income of $1,950, $900, and $1,050 per month respectively. This provides a strong foundation for immediate cash flow and potential for future growth. Adding to the property's versatility, the second floor features two residential units, offering additional income streams or the possibility of owner-occupied space. The property includes ample parking, a significant advantage in a busy commercial area. The building has undergone renovations, ensuring modern amenities and a well-maintained structure. This presents a rare chance to acquire a multi-faceted property with strong rental income, high visibility, and significant upside potential in a desirable Pennsylvania location. The asking price is $389,900. This is a turnkey investment ready for immediate occupancy and income generation. Don't miss this opportunity to secure a valuable asset in a thriving market.

    Property Features for Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,000 SF
    Lot Size
    13,068 SF

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Blakely
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.6085
    Latitude
    41.47055

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility, renovated multi-unit building.
    Where is this commercial real estate located?
    The property is located at Main St Blakely, PA.
    What is the asking price?
    The asking price for this property is $389,900.
    (570) 880-4663
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    Main St Blakely, PA 18447
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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
    Main St Blakely, PA 18447
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