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Established Mall with High Traffic
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16749 State Route 706, Montrose, PA 18801

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

Property Size53,450 SF
Price / SF$69.22
Days on Market336

Property Features for 16749 State Route 706

General Information

Standard status Active
Size 53,450 SF
Property subtype Retail, Mixed Use
Zoning C2
Occupancy 92%
Lease Type NNN

Building Details

Year Built 1989
Stories 1
Units 8
Tenancy Multi
Listing Agency: Across County Real Estate
Listed By: Patricia Aiken · License #RM421904
Source: Crexi
Added: Sep 11, 2025 Changed: Aug 8 Last Checked: Aug 12 at 7:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Across County Real Estate

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

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

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
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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.
(570) 278-2434 Call to check price and availability
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