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    16888 Sr 706 Montrose, PA 18801

    For Sale
    $1,375,000

    Prime Office Space, High Visibility, 7,250 SF

    Property size:
    7,250 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 7,250 square foot commercial office building presents a rare opportunity in Montrose, PA. Situated on a 2.01-acre lot, the property boasts high visibility and ample parking with a large paved lot accommodating 30+ vehicles. The building features a flexible layout ideal for various business needs. The interior includes multiple large open areas suitable for cubicles or office conversion, along with ten existing private offices. Multiple conference rooms and a spacious break room/kitchen cater to employee comfort and collaboration. The two-story section offers separate utilities and multiple entrances, making it suitable for multiple tenants or diverse uses. A basement area provides additional storage space. The building features ceiling heights ranging from 9 to 12 feet, and there are no overhead doors. Tax information is available upon request. This property is priced at $1,375,000 and represents a significant investment opportunity in a desirable location. Don't miss this chance to acquire a substantial and versatile commercial space.

    Property Features for 16888 Sr 706

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,250 SF
    Lot Size
    87,556 SF

    Building Details

    Year Built
    1980
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montrose
    County
    Susquehanna
    State
    Pennsylvania
    Longitude
    -75.85038
    Latitude
    41.83678

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Office Space, High Visibility, 7,250 SF
    Where is this commercial real estate located?
    The property is located at 16888 Sr 706 Montrose, PA.
    What is the asking price?
    The asking price for this property is $1,375,000.
    (570) 836-3457
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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
    16888 Sr 706 Montrose, PA 18801
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