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    199 Main St Greenville, PA 16125

    For Sale
    $89,900

    Prime Retail Space w/ Apartment Income

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional investment opportunity presents a three-story building located at 199 Main Street in Greenville, Pennsylvania. The property boasts a prime retail location at street level, offering significant visibility and accessibility for businesses. The retail space encompasses approximately 2,400 square feet, providing ample room for a variety of commercial ventures. Adding to the investment potential are two residential apartments situated on the second floor, each also approximately 2,400 square feet. These apartments generate consistent rental income, contributing to a strong cash flow for the property owner. The building sits on a 0.55-acre lot, offering potential for future expansion or outdoor amenities. The property is priced competitively at $89,900, representing a compelling value for investors seeking a blend of retail and residential income streams in a desirable Greenville location. The existing tenants provide a stable income base, minimizing vacancy risks and maximizing return on investment. This is a rare opportunity to acquire a well-situated, income-producing property in a thriving community. Serious inquiries are encouraged to explore this promising investment further. The property is offered as-is.

    Property Features for 199 Main St

    General Information

    Property type
    Retail properties
    Lot Size
    23,958 SF

    Building Details

    Year Built
    1880
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Mercer
    State
    Pennsylvania
    Longitude
    -80.38843
    Latitude
    41.40501

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space w/ Apartment Income
    Where is this retail property located?
    The property is located at 199 Main St Greenville, PA.
    What is the asking price?
    The asking price for this property is $89,900.
    (724) 981-9771
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    199 Main St Greenville, PA 16125
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    Greenville, PA 16125
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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
    199 Main St Greenville, PA 16125
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