55 Pierce Ln Montoursville, PA 17754

Property Details for 55 Pierce Ln

Lot size

3.40 lot acres

Property type

Commercial real estate

Description

This exceptional 3.4-acre commercial land parcel presents a remarkable redevelopment or investment opportunity in Montoursville, Pennsylvania. Located on a signalized corner at the intersection of Fairfield Road (5,869 vehicles per day) and Lycoming Mall Drive (6,283 vehicles per day), this property boasts unparalleled visibility and accessibility. The site is strategically positioned between Montoursville and Muncy, offering convenient access to Interstate 180 (28,000 vehicles per day), a major thoroughfare in north-central Pennsylvania. The property currently features seven buildings (five commercial and two residential) totaling 21,942 rentable square feet, presenting a unique opportunity to either renovate existing structures or undertake a complete redevelopment. The asking price for the land is $2,250,000, while lease terms are negotiable. The area surrounding the property is vibrant, with a strong local economy fueled by major employers such as Pennsylvania College of Technology and UPMC. The proximity to Williamsport Regional Airport (3 miles) further enhances the property's appeal. Lycoming County's robust population (113,605 people in 47,022 homes, median household income $60,494) and significant tourism driven by events like the Little League World Series (over 40,000 attendees) and the presence of Lycoming College and Pennsylvania College of Technology (over 6,000 students combined) create a dynamic and attractive market. Recent Department of Transportation improvements to the corridor further enhance the property's value and accessibility. This is an exceptional opportunity to acquire a high-traffic, high-visibility commercial property in a thriving community.

Location Insight

City

Montoursville

County

Lycoming

State

Pennsylvania

Longitude

-76.8941946

Latitude

41.2464053