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Property profile & analytics
OFF-MARKET
Commercial real estate

142 Sagamore St Somerset, PA 15501

2 ac lot Built 1998
Property ID
Property summary
AI-generated overview

This exceptional commercial property, situated at 142 Sagamore Street in Somerset, Pennsylvania, presents a compelling investment opportunity. The substantial 7,500 square foot brick building boasts a newer metal roof and a modern HVAC system, ensuring both durability and efficiency. Currently operating under a lease agreement with the Pennsylvania Department of General Services, this property offers a stable and reliable income stream. Its strategic location provides easy access to major highways, enhancing its visibility and accessibility for both tenants and customers. The property's attractive curb appeal is complemented by extensive landscaping, a sizable parking area to accommodate numerous vehicles, and a secure fenced storage area, adding to its overall functionality and appeal. The 2-acre lot provides ample space for future expansion or additional development, should the need arise. This well-maintained building represents a rare opportunity to acquire a high-quality commercial property in a desirable location with a strong existing tenant. The substantial size and strategic location make this an ideal investment for those seeking a stable, long-term return. The property's current lease agreement with a government agency provides added security and predictability. This is a turnkey investment ready for immediate income generation. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Year built 1998
Lot 2 ac (87,120 SF)
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
Current use
Occupant on record · Public records
  • Pennsylvania State Police - Somerset Barracks Police Department
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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