Building Details

Year Built 1989

Listing Agency: Across Country Real Estate

Listed By: Patricia O Aiken · License #RM421904 Show Phone

Source: Revolvepa

Added: Mar 27 Changed: Sep 10 Last Checked: Sep 10 at 12:19AM

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Investment Insights

Based on property information with market context.

This mall features long-term tenants and benefits from a location with high traffic volume. The property includes ample parking space and potential for expansion to accommodate the growing area. The sale includes a grocery store and its inventory, which generates approximately $3.4 million in annual sales. The property's rental income is approximately $487,000. The property size is 53450 square feet.

Key Highlights

• High‑traffic location ensures maximum visibility and customer flow.
• Grocery store and inventory included in the sale.
• Strong rental income of approximately $487,000.00 per year.

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Catering Service Building Supply Grocery & Convenience Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

128

Businesses Nearby

47k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Groceries 41% Shops & Services 34% Dining 25%

Price Chopper Supermarkets Groceries

17,380 visits/mo 0.1 miles

Dunkin' Donuts Dining

10,901 visits/mo 0.4 miles

Dollar Tree Shops & Services

5,987 visits/mo 0.2 miles

Family Dollar Shops & Services

3,293 visits/mo 0.1 miles

Kwik Fill Shops & Services

2,747 visits/mo 0.4 miles

Demographics for 18801, PA

7,829

Population

4,126

Households

1.9

Avg Household Size

48

Median Age

20%

College-Educated

90%

High-School Grad

179.6 sq mi

ZIP Area

44

Density / Sq Mi

$69,337

Median Household Income

$37,479

Median Earnings

$903

Median Rent

$226,000

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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What type of property is this? Where is this shopping centers located? What is the asking price? Find similar properties What are key features of this property?

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Similar Off Market Nearby

• Lake Montrose Mall — 16749 PA-706, Montrose, PA 18801

Frequently Asked Questions

What type of property is this?

Shopping center - Profitable mall with long-term tenants in a high-traffic location.

Where is this shopping center located?

The property is located at 16749 State Route 706 Montrose, PA.

What is the asking price?

The asking price for this property is $3,700,000.

What are key features of this property?

This property features: High‑traffic location ensures maximum visibility and customer flow.; Grocery store and inventory included in the sale.; Strong rental income of approximately $487,000.00 per year.