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    280 Main St Cambridge Springs, PA 16403

    For Sale
    $140,000

    7,450 SF, 2-unit building, prime location.

    Property size:
    7,450 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 7,450 square foot mixed-use building presents a unique investment opportunity in the vibrant downtown of Cambridge Springs, Pennsylvania. Built in 1948 and partially renovated in 2020, this two-story structure boasts a spacious first floor ideally suited for a restaurant or bar, featuring a kitchen with stainless steel sinks and a grease trap, two new ADA-compliant restrooms, new windows, a new 220V single-phase electric service, and a new gas forced-air furnace with electric central AC. A large warehouse/storage area with an overhead door (10'W x 9'6"H) and 11' ceilings, plus an additional interior storage area (8'W x 7'H), offers ample space for various uses. The I-beam structure may allow for an open or clear-span layout. Upstairs, a two-bedroom, one-bathroom apartment with hardwood floors, a newer gas forced-air furnace, and some new windows provides additional income potential. The second-floor storage area also offers the possibility of converting into a second apartment. The property sits on a 0.24-acre corner lot at a signalized intersection, providing convenient access and visibility. An 8-10 space parking lot is also available. The B-1 zoning allows for a wide range of uses, including retail, multi-family, office, tavern, healthcare facility, and fitness center. Recent improvements include newer rubber roofs installed in 2020 and 2016. Public utilities are available. Floor plans and a 3D tour are accessible upon request. Asking price is $140,000.

    Property Features for 280 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    7,450 SF
    Class
    C
    Lot Size
    10,454 SF

    Building Details

    Year Built/Renovated
    1948/2020
    Buildings
    1
    Stories
    2
    Units
    2

    HighLights

    • 7,450 SF mixed‑use building in Cambridge Springs, PA.
    • Built in 1948, partially renovated in 2020, with public utilities.
    • First floor suitable for restaurant/bar; features updated kitchen, ADA restrooms, windows, electrical service, HVAC.
    • Second floor contains a 2‑bedroom, 1‑bathroom apartment with hardwood floors and updated HVAC; additional storage space with conversion potential.
    • Situated on a 0.24‑acre corner lot at a signalized intersection with 8‑10 parking spaces.
    • B‑1 zoning allows for retail, multi‑family, office, tavern, healthcare, and fitness uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Scotts Heating & AC ... Heating Contractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cambridge Springs
    County
    Crawford
    State
    Pennsylvania
    Longitude
    -80.058354942063
    Latitude
    41.802691052478

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    FAQs

    What type of property is this?
    Individual retail property - 7,450 SF, 2-unit building, prime location.
    Where is this individual retail property located?
    The property is located at 280 Main St Cambridge Springs, PA.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: 7,450 SF mixed-use building in Cambridge Springs, PA.; Built in 1948, partially renovated in 2020, with public utilities.; First floor suitable for restaurant/bar; features updated kitchen, ADA restrooms, windows, electrical service, HVAC.
    Request Owner's contact information
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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
    280 Main St Cambridge Springs, PA 16403
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