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Property profile & analytics
OFF-MARKET
Office Spaces

312 Main St Smethport, PA 16749-1140

0.1 ac lot
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US73-4559219
Property summary
AI-generated overview

This exceptional 1,680 square foot commercial building at 312 W Main St, Smethport, PA, presents a unique investment opportunity. Constructed in 1996, this meticulously crafted structure boasts exquisite Pennsylvania-sourced hardwood throughout. The exterior features Pennsylvania Indiana sandstone frontage with integrated lighting and full-length security glass, offering a welcoming, no-step entry. The interior is a showcase of craftsmanship, beginning with the striking curly maple wood surrounding the entryway and extending through the reception area and hallway. The reception area alone incorporated $20,000 worth of hand-selected, hand-sanded, untreated cherry wood with a clear stain. All woodwork is of premium quality, with the lounge room featuring an impressive display of Pennsylvania woods. Four individual offices, each with distinct woodwork, provide ample space for various business needs. A cherry and Pennsylvania ash conference room offers a sophisticated setting for meetings. Additional features include a ceramic-tiled bathroom and a utility room. All interior doors are solid cherry. The building measures 28' x 60' and sits on a 0.1-acre lot, offering ample parking in front and five additional parking spaces in the rear. The property has been surveyed. Recent upgrades include a new radiant ceiling heat/central air system and a 200-amp electrical service. The building features 10-foot ceilings, a 12-inch concrete slab, and 12-inch walls, ensuring structural integrity and compliance with building codes. This property is ready for immediate occupancy and offers a rare blend of beauty, functionality, and prime commercial space.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Lot 0.1 ac (4,356 SF)
APN 15-002. -240.00.
UPID US73-4559219
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Halifax National Bank · 19 yrs held
Halifax National Bank
since 2007
3 recorded transactions
2024
Price N/A
2023
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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