Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    9 Chautauqua Pl Bradford, PA 16701
    Back to Search
    Property profile & analytics

    9 Chautauqua Pl, Bradford, PA 16701

    View on Map
    • Retail properties & Spaces
    • 8,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 9 Chautauqua Pl

    Year built
    2019
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional Class A commercial property, located at 9 Chautauqua Place in Bradford, Pennsylvania, offers a unique opportunity for businesses seeking versatile office space. Built in 2019, this two-story building boasts a total of 8,000 square feet, encompassing four suites. Currently, 5,488 square feet are available, divisible into spaces ranging from 1,801 to 5,488 contiguous square feet, making it ideal for a variety of uses including executive, medical, or creative office spaces, as well as retail or restaurant establishments. The building is situated in a prime location within McKean County, offering convenient access for downtown workers and residents, with ample off-street parking. This is a rare opportunity to secure brand-new space in a revitalized downtown Bradford area. The property is part of the Terminal Plaza, anchored by a Dunkin' Donuts, ensuring high visibility and foot traffic. The flexible space allows for customization to meet individual business needs. This represents a significant opportunity to establish a presence in a thriving community. The property's modern design and convenient location make it an attractive option for businesses seeking a high-quality workspace. Contact us today to learn more about leasing options.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bradford
    County
    McKean
    State
    Pennsylvania
    Longitude
    -78.6516
    Latitude
    41.9555

    Comparable in this City

    • Value Estimation by Request

      50 Foster Brook Blvd

      Restaurants
      50 Foster Brook Blvd, Bradford, PA 16701
      View Details
    • Value Estimation by Request
      0.03 Acres

      9 Mechanic St

      OFFICE (GENERAL)
      9 Mechanic St, Bradford, PA 16701-4403
      View Details
    • Value Estimation by Request
      0.27 Acres

      181 Interstate Pkwy

      OFFICE (GENERAL)
      181 Interstate Pkwy, Bradford, PA 16701-1041
      View Details
    • Value Estimation by Request
      0.64 Acres

      356 Washington St

      OFFICE (GENERAL)
      356 Washington St, Bradford, PA 16701-2814
      View Details
    • Value Estimation by Request
      0.92 Acres

      700 Ss Ave

      OFFICE (GENERAL)
      700 Ss Ave, Bradford, PA 16701-3978
      View Details
    • Value Estimation by Request
      21,500 SF

      800 Chestnut St

      Retail properties & Spaces
      800 Chestnut St, Bradford, PA 16701
      View Details

    Similar Nearby for Sale

    • $695,000

      Turnkey Bar/Restaurant with Apartments

      Bar/Restaurant with apartments and Airbnb in Bradford's business district.
      12 Mechanic St, Bradford, PA 16701
      View Details
    • $339,900

      Restaurant with Drive-Thru For Sale

      1,781 SF restaurant with drive-thru and all equipment included.
      119 W Washington St, Bradford, PA 16701
      View Details
    • $325,000

      Downtown Bradford Commercial Building For Sale

      2,400 SF building in high-traffic downtown location.
      52 Davis St, Bradford, PA 16701
      View Details
    • $120,000
      1,136 SF

      Versatile Commercial Property with Apartment

      Commercial space with residential comfort in historic Bradford City.
      35 Congress St, Bradford, PA 16701
      View Details
    • $120,000
      1,136 SF

      Versatile Bradford Commercial/Residential Property

      Historic Bradford property with business and residential potential.
      35 Congress St, Bradford, PA 16701
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,488 SF

      New Retail and Office Space

      New retail/office spaces in downtown Bradford, ranging from 1,801-5,488 SF.
      9-11 Chautauqua Pl, Bradford, PA 16701
      View Details
    • Contact for pricing

      Downtown Bradford Retail/Office Space

      Retail, food, and office spaces available in downtown Bradford.
      9 Chautauqua Pl, Bradford, PA 16701
      View Details
    • Contact for pricing

      Commercial Outlot for Drive-Thru Restaurant

      Prime commercial outlot suitable for a drive-thru restaurant.
      50 Foster Brook Blvd, Bradford, PA 16701
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9 Chautauqua Pl
    Bradford, PA 16701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    9 Chautauqua Pl, Bradford, PA, 16701
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!