515 Main St Smethport, PA 16749-1327
This 3,108 square foot commercial building located at 515 E Main St, Smethport, PA, presents a unique investment opportunity. Situated on a 0.22-acre lot, the property boasts a large open showroom, perfect for showcasing products or services. Additional interior space includes a dedicated office, a drafting room, and a full walk-out basement, offering significant storage or expansion potential. The building's features include a durable insulated rubber roof, concrete flooring, and energy-efficient double-pane windows. Large, secure front windows provide excellent display opportunities. The property benefits from updated 3-phase electrical service, ensuring sufficient power for a variety of business needs. Ample parking is available on-site, providing convenience for customers and employees. A substantial warehouse is located at the rear of the property, adding further versatility and storage capacity. Currently used as a stone works business, this operation may be available for purchase separately. The building's adaptable layout makes it suitable for a wide range of commercial uses, presenting a compelling opportunity for entrepreneurs and investors alike. The asking price is $139,000.
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
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.