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    5015 Somerset Pike Hollsopple, PA 15935

    For Sale
    $59,000

    Distressed Retail Property, 10,500 SF

    Property size:
    10,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional commercial property in Hollsopple, Pennsylvania, presents a unique investment opportunity. Located at 5015 Somerset Pike, this 1.1-acre lot features two buildings totaling 10,500 square feet, zoned for commercial use. The property is currently vacant and being sold in "as is" condition. One building is the former Yoder's Cloverfarm Store, offering significant potential for redevelopment as a warehouse or storage facility. The second building, a two-story structure, previously served as both a retail space and a residential apartment. This building boasts a newer metal roof, adding to its structural integrity. The property's size and versatile layout provide ample space for a variety of commercial uses. The distressed sale condition presents a compelling opportunity for investors seeking a high-return project. The property's location in Somerset County, Pennsylvania, offers access to a local market and potential for growth. With its substantial square footage and multiple building options, this property is ideal for entrepreneurs and investors looking to capitalize on a prime location and a unique opportunity to reshape a significant commercial space. The property's 15935 zip code provides easy access to local amenities and transportation routes. This is a rare chance to acquire a large commercial property at a significantly discounted price.

    Property Features for 5015 Somerset Pike

    General Information

    Property type
    Individual retail properties
    Square Feet
    10,500 SF
    Lot Size
    47,916 SF

    Building Details

    Buildings
    2

    HighLights

    • $59,000 asking price for a distressed retail property.
    • Vacant 10,500 SF storefront.
    • Two buildings on a 1.1‑acre lot in Hollsopple, PA.
    • Commercial zoning.
    • Includes a former Cloverfarm Store and a two‑story commercial/residential building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Auto Repair Shop Pet Store Pet Supply Store Tattoo & Piercing Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Hollsopple
    County
    Somerset
    State
    Pennsylvania
    Longitude
    -78.987602197482
    Latitude
    40.225538831408

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    FAQs

    What type of property is this?
    Individual retail property - Distressed Retail Property, 10,500 SF
    Where is this individual retail property located?
    The property is located at 5015 Somerset Pike Hollsopple, PA.
    What is the asking price?
    The asking price for this property is $59,000.
    What are key features of this property?
    This property features: $59,000 asking price for a distressed retail property.; Vacant 10,500 SF storefront.; Two buildings on a 1.1-acre lot in Hollsopple, PA.
    Request Owner's contact information
    5015 Somerset Pike Hollsopple, PA 15935
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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
    5015 Somerset Pike Hollsopple, PA 15935
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