Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Downtown Huntingdon Investment Opportunity Title is generated by Realmo AI

    713/715 Washington Street, Huntingdon, PA 16652

    View on Map
    Claim this Listing
    For Sale
    $699,000

    COMMERCIAL - Huntingdon, PA

    Property size:
    21,600 SF
    Lot size:
    0.25 Acres
    Price / SF:
    $32/SF
    Added:
    Oct 17, 2024
    Days on Market:
    581
    Last Refresh:
    May 20 at 11:06 am

    Property Features for 713/715 Washington Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    19-01-13 & 19-01-14
    Size
    21,600 SF
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    7269

    Building Details

    Floors in Building
    3

    We can help!

    Listing Contact
    Renee Starr
    Renee Starr

    Listing agent Renee Starr License #RM423092

    Listing office Starr and Associates Realty, LLC 11559 William Penn Hwy, Huntingdon, PA

    Listing date Oct 17, 2024

    MLS# 2817985

    Copyright © 2026 Huntingdon County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Portfolio of 17 rental units provides diverse income stream.
    • Located in the heart of downtown Huntingdon on Washington St.
    • Includes 13 apartment units with one‑bedroom and three‑bedroom layouts.
    • Features 4 commercial rental spaces: 2 cinema theaters, Art Work Studio, Beauty Salon, and a professional counseling center.
    • Offers substantial potential for investment growth.
    • Seller is willing to sell buildings separately.

    Overview

    This investment opportunity features two properties located on the 700 block of Washington St. in downtown Huntingdon. The offering includes a total of 17 rental units, with 13 apartment units featuring one-bedroom and three-bedroom layouts. Additionally, there are four business rentals, including two cinema theater spaces, an art work studio, a beauty salon, and a professional counseling center. The properties are situated on a 0.25-acre lot and encompass a total of 21600 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Huntingdon
    County
    Huntingdon
    State
    Pennsylvania
    Longitude
    -78.0150982
    Latitude
    40.4868422

    Nearby Similar for Sale

    • $295,000
      3,700 SF

      Historic Railroad Station For Sale

      Former PRR Railroad Station in Huntingdon, PA, with modern upgrades.
      400 Allegheny St, Huntingdon, PA 16652
      View Details
    • $250,000
      3,760 SF

      Established Tavern in Downtown Huntingdon

      Turn-key tavern with rental apartment in Huntingdon's business district.
      419 Penn Street, Huntingdon, PA 16652
      View Details
    • $239,900
      1,578 SF

      Downtown Huntingdon Mixed-Use Property

      Commercial property with remodeled apartment in downtown Huntingdon, Pennsylvania.
      605/607 Mifflin St, Huntingdon, PA 16652
      View Details
    • $109,900
      1,360 SF

      Commercial Building in Huntingdon, PA

      Commercial building suitable for auto service or other business.
      113 Mt Vernon Ave, Huntingdon, PA 16652
      View Details
    • $239,900
      1,578 SF

      Downtown Huntingdon Mixed-Use Property

      Commercial space and remodeled apartment in downtown Huntingdon, Pennsylvania.
      605/607 Mifflin St, Huntingdon, PA 16652
      View Details
    • $289,900
      2,300 SF

      Turn-Key Bar/Restaurant with Apartment

      Commercial property featuring a bar/restaurant with an upstairs apartment.
      1301 Washington Street, Huntingdon, PA 16652
      View Details
    • $219,900
      2,218 SF

      Huntingdon Multifamily Investment Opportunity

      Multifamily property in Huntingdon, PA with rental income.
      830 Mt Vernon Ave, Huntingdon, PA 16652
      View Details
    • $157,000
      700 SF

      Huntingdon Duplex For Sale

      Duplex in Huntingdon, PA, offering home ownership opportunity.
      609-611 6th Street, Huntingdon, PA 16652
      View Details
    • $289,900
      2,600 SF

      Commercial Buildings with Bonus Home

      Commercial buildings with land and bonus home/rental for income.
      10321 Fairgrounds Road, Huntingdon, PA 16652
      View Details
    • $8,540,000
      138,695 SF

      Aldi Anchored Shopping Center

      138,695 SF shopping center anchored by Aldi.
      7505 Huntingdon Plaza, Huntingdon, PA 16652
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Two prime properties with 17 rental units in Huntingdon.
    Where is this mixed-use property located?
    The property is located at 713/715 Washington Street Huntingdon, PA.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: Portfolio of 17 rental units provides diverse income stream.; Located in the heart of downtown Huntingdon on Washington St.; Includes 13 apartment units with one‑bedroom and three‑bedroom layouts.
    (814) 599-4695
    We can help!
    Listing Contact
    Renee Starr
    Renee Starr
    Real Estate License ID: RM423092
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    713/715 Washington Street, Huntingdon, PA 16652
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!