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    25 Morgan Ave Ridgway, PA 15853

    Sponsored
    For Lease
    Contact for pricing

    15-Room Office, Warehouse Space Available

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional single-tenant property at 25 Morgan Ave, Elk County, offers a unique blend of office and warehouse space, totaling 1 square foot. The space is ideally suited for a variety of businesses, boasting 15 individual rooms adaptable to various office configurations, including private offices, conference rooms, or workstations. The layout provides ample flexibility to meet diverse business needs. Two bathrooms ensure convenient access for employees and clients. A welcoming main seating area at the entrance creates a professional atmosphere for visitors. The property's convenient location offers easy access to nearby amenities such as cafes, restaurants, and shops, enhancing employee convenience. The zoning is CR. Utilities are shared responsibly: the tenant is responsible for electricity and gas, while water and garbage services are covered by the landlord. Access is facilitated by a lockbox located on the railing to the right of the door; the code is displayed on an LED screen. The rental space is accessed through the door on the left. This is a rare opportunity to secure a versatile and well-located commercial space.

    Property Features for 25 Morgan Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1 SF

    HighLights

    • 1 sq. ft. Executive Office/Warehouse space in Elk County.
    • Single‑tenant occupancy.
    • CR Zoning.
    • Includes 15 rooms, 2 bathrooms, and a main seating area.
    • Tenant pays electric and gas; landlord pays water and garbage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Elk County Victim ... Legal Services

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Ridgway
    County
    Elk
    State
    Pennsylvania
    Longitude
    -78.7286549
    Latitude
    41.4245502

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Distribution property - 15-Room Office, Warehouse Space Available
    Where is this distribution property located?
    The property is located at 25 Morgan Ave Ridgway, PA.
    What are key features of this property?
    This property features: 1 sq. ft. Executive Office/Warehouse space in Elk County.; Single-tenant occupancy.; CR Zoning.
    Request Owner's contact information
    25 Morgan Ave Ridgway, PA 15853
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    Ridgway, PA 15853
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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
    25 Morgan Ave Ridgway, PA 15853
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