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    55 Pierce Ln Montoursville, PA 17754

    Sponsored
    For Sale
    $2,100,000

    High-traffic corner, redevelopment opportunity.

    Property size:
    21,942 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 55 Pierce Lane in Montoursville, Pennsylvania, presents a unique investment or redevelopment opportunity. Situated on a highly visible 3.4-acre corner lot at the intersection of Fairfield Drive and Lycoming Mall Drive, this location benefits from excellent visibility and accessibility, positioned between Montoursville and Muncy. The property boasts a total of 21,942 square feet of rentable space, currently comprised of five commercial buildings and two residential buildings. The signalized intersection ensures high traffic volume, making it ideal for a variety of commercial uses. This prime location offers significant potential for redevelopment, allowing for the creation of a modern, high-impact commercial development. Alternatively, the existing multi-tenant structure presents a solid investment opportunity with existing income streams. The substantial lot size provides ample space for expansion or future development. This property is priced at $2,100,000 and offers a rare chance to acquire a significant commercial holding in a thriving Pennsylvania market. Detailed information and site plans are available upon request. Contact us to explore the possibilities this exceptional property offers.

    Property Features for 55 Pierce Ln

    General Information

    Property type
    Other commercial real estate
    Square Feet
    21,942 SF
    Lot Size
    148,104 SF

    Building Details

    Year Built
    1901
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Montoursville
    County
    Lycoming
    State
    Pennsylvania
    Longitude
    -76.8942
    Latitude
    41.2464

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic corner, redevelopment opportunity.
    Where is this commercial real estate located?
    The property is located at 55 Pierce Ln Montoursville, PA.
    What is the asking price?
    The asking price for this property is $2,100,000.
    (717) 843-5555
    Request Owner's contact information
    55 Pierce Ln Montoursville, PA 17754
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    Montoursville, PA 17754
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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
    55 Pierce Ln Montoursville, PA 17754
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