864 Rte 41 Gap, PA 17527-9422
This exceptional commercial property at 864 Route 41, Gap, PA, presents a unique investment opportunity with three income-generating spaces on a 1.25-acre lot. The property totals 3,138 square feet and comprises two separate units within a duplex (862 and 864 Route 41) and a freestanding retail building (868 Route 41). The duplex units are currently tenant-occupied, generating consistent rental income. Unit 864, occupied by The Hair Review, features an open main floor with two separate rooms and a bathroom, plus a second-floor storage area. Heating is provided by propane, and cooling is via window air conditioning units. The current rent for this unit is $750 per month. Unit 862 boasts a spacious laundry/mudroom, eat-in kitchen, dining room, and living room, along with two bedrooms and a full bath upstairs. Electric baseboard heating and window air conditioning units serve this unit, currently renting for $1100 per month. The third building, 868 Route 41, formerly housing The Village Arms and Trop Gun Shop, offers approximately 3000 square feet of retail space. This well-maintained building features an open layout with 14-foot ceilings in the main area, providing ample flexibility for various retail uses. A 14-foot elevated floor at the south end, accessible via a 4-foot entry door, leads to a convenient loading dock. This property's high visibility and multiple income streams make it an attractive investment prospect in a desirable location. The asking price is $849,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
R-1 · Gap, PAGap. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.