990 E Main St, Clarion, PA 16214
- Added:
- Sep 13, 2024
- Days on Market:
- 646
- Last Refresh:
- Jun 20 at 12:06 pm
Property Features for 990 E Main St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C-2
- Bathrooms
- 71
- Rooms
- Bathroom 3, Bathroom 33, Bathroom 69, Bathroom 53, Bathroom 60, Bathroom 31, Bathroom 42, Bathroom 20, Bathroom 62, Bathroom 2, Bathroom 58, Bathroom 37, Bathroom 26, Bathroom 12, Bathroom 30, Bathroom 15, Bathroom 43, Bathroom 57, Bathroom 21, Bathroom 45, Bathroom 50, Bathroom 65, Bathroom 23, Bathroom 41, Bathroom 28, Bathroom 8, Bathroom 11, Bathroom 17, Bathroom 35, Bathroom 40, Bathroom 19, Bathroom 25, Bathroom 36, Bathroom 38, Bathroom 32, Bathroom 18, Bathroom 70, Bathroom 64, Bathroom 51, Bathroom 16, Bathroom 13, Bathroom 49, Bathroom 63, Bathroom 24, Bathroom 27, Bathroom 6, Bathroom 39, Bathroom 44, Bathroom 7, Bathroom 34, Bathroom 55, Bathroom 54, Bathroom 68, Bathroom 47, Bathroom 52, Bathroom 66, Bathroom 4, Bathroom 9, Bathroom 61, Bathroom 59, Bathroom 56, Bathroom 46, Bathroom 48, Bathroom 5, Bathroom 10, Bathroom 14, Bathroom 1, Bathroom 29, Bathroom 71, Bathroom 22, Bathroom 67
- Standard status
- Active Under Contract
- APN
- 05-030-023-000-00
- Size
- 44,310 SF
- Lot size
- 1.94 Acres
Taxes and HOA fees
- Tax Annual Amount
- 23086
Building Details
- Year built
- 1963
- Floors in Building
- 3
Listing agent Alison Heffner (814) 271-9676
Listing office Burford & Henry Real Estate Services 10189 RT 322, Shippenville, PA (814) 227-7355
Listing date Sep 13, 2024
Copyright © 2026 Allegheny Valley Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two‑building apartment property at 990 E Main St, Clarion, PA, built in 1963
- Total of 70 apartment units across two buildings
- 92 parking spaces on site
- Unit mix includes 13 studio apartments rented at $625/month
- Unit mix includes 26 one‑bedroom apartments rented at $725/month
- Unit mix includes 31 two‑bedroom apartments rented at $825/month
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $531.7k | $12.00 |
| − Vacancy | −$31.9k | −$0.72 |
| EGI | $499.8k | $11.28 |
| − OpEx | −$224.9k | −$5.08 |
| NOI | $274.9k | $6.20 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Clarion
- County
- Clarion
- State
- Pennsylvania
- Longitude
- -79.374893
- Latitude
- 41.210278
