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    220 St Shamokin, PA 17872

    For Sale
    $89,900

    Prime Location, Huge Potential, Updated Features

    Property size:
    4,667 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property, located at 220 Street E Independence in Shamokin, Pennsylvania, presents a unique investment opportunity. Boasting 4,667 square feet on a 0.07-acre lot, this building offers significant potential for a variety of commercial uses. Previously home to a long-standing local business, the property benefits from recent exterior painting and a 2011 roof installation. The first floor features gas hot air heating, installed in 2012. A convenient two-car garage is situated at the rear of the building, adding to its practicality. While the second and third floors require updating, they represent substantial growth potential for a savvy investor. Currently, heating and electric are disconnected on the upper floors. The city of Shamokin recently received a $2.5 million grant for the remodeling of Independence Street, further enhancing the property's desirability and future prospects. Priced competitively at $89,900, this property is an ideal opportunity to capitalize on the revitalization of downtown Shamokin. The building's solid foundation and recent improvements provide a strong base for future development and success. Don't miss this chance to own a piece of Shamokin's vibrant commercial landscape.

    Property Features for 220 St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,667 SF
    Lot Size
    3,049 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shamokin
    County
    Northumberland
    State
    Pennsylvania
    Longitude
    -76.55741
    Latitude
    40.791

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Location, Huge Potential, Updated Features
    Where is this commercial real estate located?
    The property is located at 220 St Shamokin, PA.
    What is the asking price?
    The asking price for this property is $89,900.
    (570) 644-0821
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    220 St Shamokin, PA 17872
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    Shamokin, PA 17872
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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
    220 St Shamokin, PA 17872
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