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    2 Depot St Penn, PA 15675

    For Sale
    $435,000

    Prime 3,800 SF Shopping Center w/ Garage

    Property size:
    3,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a 3,800 square foot shopping center situated on a one-acre fenced lot in Penn, Pennsylvania. The property, built in 1975, is classified as a Class C building and features a single story with a 14-foot ceiling height. Its zoning is iC Industrial Commercial, offering versatility for various business uses. The building boasts two 14-foot drive-in doors, providing convenient access for loading and unloading. Priced at $435,000, this represents an attractive price per square foot of $114.47. The property is offered fee simple, providing complete ownership. The property's address is 2 Depot St, Penn, PA 15675, and its APN is 55-18-11-0-070. This owner/user opportunity combines the benefits of owning a well-located commercial property with the potential for immediate occupancy. The property's size and features make it suitable for a range of businesses seeking a convenient and functional space. The combination of industrial and retail zoning allows for a diverse range of potential uses. This is a rare opportunity to acquire a well-maintained property in a desirable location at a competitive price.

    Property Features for 2 Depot St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    3,800 SF
    Class
    C
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1975
    Buildings
    1
    Stories
    1

    HighLights

    • $435,000 asking price for this 3,800 SF shopping center.
    • Located on a 1‑acre fenced lot in Penn, PA.
    • Features two 14' drive‑in doors.
    • Class C building, built in 1975, with 14' ceiling height.
    • Owner/user investment opportunity with fee simple ownership.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    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
    Penn
    County
    Westmoreland
    State
    Pennsylvania
    Longitude
    -79.6352608
    Latitude
    40.3309798

    Nearby Comparable

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    Nearby Similar for Sale

    • $499,900
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    FAQs

    What type of property is this?
    Lifestyle center - Prime 3,800 SF Shopping Center w/ Garage
    Where is this lifestyle center located?
    The property is located at 2 Depot St Penn, PA.
    What is the asking price?
    The asking price for this property is $435,000.
    What are key features of this property?
    This property features: $435,000 asking price for this 3,800 SF shopping center.; Located on a 1-acre fenced lot in Penn, PA.; Features two 14' drive-in doors.
    Request Owner's contact information
    2 Depot St Penn, PA 15675
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    Penn, PA 15675
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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
    2 Depot St Penn, PA 15675
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