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    200 Grand Ave Clarion, PA 16214

    Sponsored
    For Lease
    $2 SF/Yr ($10,900 /Mo)

    16 Suites, 47,566 SF, Opportunity Zone

    Lot size:
    47,566 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 47,566-square-foot flex space industrial property at 200 Grand Avenue, Clarion, PA 16214, presents a unique investment opportunity. Situated on a 1.58-acre lot, this single-story, Class C building boasts 16 individual suites, each ranging in size from 480 to 9,600 square feet, offering unparalleled flexibility for a variety of uses. Built in 1965 and extensively renovated in 2022, the property features a 20-foot ceiling height, eight dock-high doors ideal for accommodating large trucks and equipment, and ample parking with 16 spaces. The building's strategic location provides easy access to Greenville Avenue/Route 66 and the I-80 Corridor, making it an excellent choice for distribution, storage, or manufacturing businesses. Modern amenities include 400 AMP power, high-speed internet access, keyless entry, and security surveillance. A newly constructed two-story office space adds further value, complete with a kitchen and multiple large offices and bathrooms. The property is zoned for industrial use and benefits from its location in an Opportunity Zone. This versatile property offers significant potential for a variety of businesses seeking a well-maintained, conveniently located industrial space. The entire 47,566 square feet is currently vacant. The property's features make it suitable for e-commerce distribution, climate-controlled storage, woodworking, or heavy construction businesses.

    Property Features for 200 Grand Ave

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    47,566 SF
    Class
    C
    Total Rate
    10900.54

    Building Details

    Year Built/Renovated
    1965/2022
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Section 4
    Size
    2,280 SF
    Rate per SF
    $2
    Space
    Section 7
    Size
    5,000 SF
    Rate per SF
    $2
    Space
    Section 8
    Size
    984 SF
    Rate per SF
    $2
    Space
    Section 9
    Size
    2,276 SF
    Rate per SF
    $2
    Space
    Section 1
    Size
    5,000 SF
    Rate per SF
    $2
    Space
    Section 2
    Size
    3,000 SF
    Rate per SF
    $2
    Space
    Section 3
    Size
    480 SF
    Rate per SF
    $2
    Space
    Section 5
    Size
    840 SF
    Rate per SF
    $2
    Space
    Section 6
    Size
    2,400 SF
    Rate per SF
    $2
    Space
    Section 10
    Size
    1,176 SF
    Rate per SF
    $2
    Space
    Section 11
    Size
    9,600 SF
    Rate per SF
    $2
    Space
    Section 12
    Size
    4,160 SF
    Rate per SF
    $2
    Space
    Section 13
    Size
    6,044 SF
    Rate per SF
    $2
    Space
    Section 14
    Size
    1,092 SF
    Rate per SF
    $2
    Space
    Space 15
    Size
    2,100 SF
    Rate per SF
    $2
    Space
    Section 16
    Size
    1,134 SF
    Rate per SF
    $2

    HighLights

    • Opportunity Zone location.
    • Five‑minute access to I‑80.
    • Convenient to Pittsburgh, Erie, and Youngstown, OH (approx. 2‑hour drive to each).
    • Secure gated paved yard.
    • Eight overhead doors.
    • Twenty‑foot‑plus ceiling height.
    Property Profile Location Intelligence

    Current Use by Public Records

    SIC Metals & Fabrication ... Trailer Manufacturer Seneca Woodworking Tool Manufacturer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Clarion
    County
    Clarion
    State
    Pennsylvania
    Longitude
    -79.37624647671
    Latitude
    41.204281662052

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    FAQs

    What type of property is this?
    Flex space - 16 Suites, 47,566 SF, Opportunity Zone
    Where is this flex space located?
    The property is located at 200 Grand Ave Clarion, PA.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: Opportunity Zone location.; Five-minute access to I-80.; Convenient to Pittsburgh, Erie, and Youngstown, OH (approx. 2-hour drive to each).
    Request Owner's contact information
    200 Grand Ave Clarion, PA 16214
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    Clarion, PA 16214
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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
    200 Grand Ave Clarion, PA 16214
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