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    48 Ashley St Ashley, PA 18706

    For Sale
    $350,000

    Deli, Apartment, High-Income Potential

    Property size:
    3,680 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property at 48 Ashley Street in Ashley, PA, presents a rare opportunity to acquire a long-established and profitable business. The 3,680 square foot building boasts a thriving deli and grocery store that has served the community for nearly four decades, establishing a strong reputation and loyal customer base. The ground floor is entirely dedicated to the commercial space, offering ample room for retail operations, storage, and customer service areas. The significant advantage of this property lies in its dual-income potential. A spacious and modern two-bedroom apartment occupies the entire second floor. This apartment provides an additional revenue stream through rental income or offers the owner the convenience of living above their business. The property sits on a 0-acre lot, providing convenient access and minimal maintenance. The asking price for this turnkey operation is $350,000. This is an ideal investment for an entrepreneur seeking a well-established business with immediate income generation and significant growth potential. Serious inquiries only

    Property Features for 48 Ashley St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,680 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    S & J Grocery ... Grocery Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ashley
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -75.9007
    Latitude
    41.21627

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    FAQs

    What type of property is this?
    Commercial real estate - Deli, Apartment, High-Income Potential
    Where is this commercial real estate located?
    The property is located at 48 Ashley St Ashley, PA.
    What is the asking price?
    The asking price for this property is $350,000.
    (570) 715-7700
    Request Owner's contact information
    48 Ashley St Ashley, PA 18706
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    Ashley, PA 18706
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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
    48 Ashley St Ashley, PA 18706
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