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    514 Main St Peckville, PA 18452

    For Sale
    $272,500

    Three-unit building, ample parking, high demand.

    Property size:
    4,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional mixed-use property at 514 Main Street, Peckville, PA, presents a lucrative investment opportunity. The 4,400 square foot building sits on a 0.17-acre lot and offers three separate units, providing diverse income streams. The main floor, formerly a doctor's office, offers significant potential for conversion into a third apartment, adding to the rental income. The existing two apartments consist of a two-bedroom unit and a one-bedroom unit, catering to a range of tenant needs. A key advantage is the abundance of off-street parking, accommodating up to thirteen vehicles. This is a significant benefit for tenants and their guests, a rare feature in this highly sought-after location. The property's location within the desirable Valley View School District contributes to its high rental demand

    Property Features for 514 Main St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    4,400 SF
    Lot Size
    7,405 SF

    Building Details

    Year Built
    1930
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Peckville
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.57639
    Latitude
    41.48042

    Nearby Comparable

    • $319,000
      3,475 SF

      609 Main St, Peckville, PA 18452

      Mixed-use properties • 3,475 SF
      609 Main St, Peckville, PA 18452
      View Details
    • $525,000
      22,578 SF

      Keystone Avenue Mixed-Use Property

      Spacious Peckville Property - Redevelopment Opportunity
      545 Keystone Ave, Peckville, PA 18452
      View Details

    Nearby Similar for Sale

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    • $675,000
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      Retail Space in Active Corridor

      4,600 SF retail building with high visibility and parking.
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    • $525,000
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      Keystone Avenue Mixed-Use Property

      Spacious Peckville Property - Redevelopment Opportunity
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    • $319,000
      3,475 SF

      609 Main St, Peckville, PA 18452

      Mixed-use properties • 3,475 SF
      609 Main St, Peckville, PA 18452
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Three-unit building, ample parking, high demand.
    Where is this mixed-use property located?
    The property is located at 514 Main St Peckville, PA.
    What is the asking price?
    The asking price for this property is $272,500.
    (570) 489-8080
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    514 Main St Peckville, PA 18452
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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
    514 Main St Peckville, PA 18452
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