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    Mixed-use properties

    7371 Pa-328, Millerton, PA 16936

    2,880 SF 1.75 ac lot Built 1954
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.75-acre property in Millerton, Pennsylvania, presents a unique redevelopment opportunity. Located at 7371 PA-328, this site boasts a 2,880 square foot building constructed in 1954, formerly used as a gas station. The property has been vacant for over a decade, and the seller is actively working to obtain the necessary Department of Environmental Protection (DEP) documentation related to the removal of underground storage tanks and soil remediation. Preliminary information suggests this process is nearing approval. The property is zoned for commercial use, offering significant potential for a variety of businesses. A compelling aspect of this offering is the inclusion of an adjacent 0.87-acre parcel located in New York, significantly expanding the total land area available for development. The asking price is $459,900, translating to $159.69 per square foot. This one-story building sits on a large lot in Chemung County, Pennsylvania, zip code 16936, offering ample space for expansion or new construction. The property's strategic location and substantial acreage make it an attractive investment for developers and entrepreneurs seeking a prime commercial site in a growing area. Serious inquiries are encouraged to explore this promising opportunity further.

    Property profile
    Verified
    Property type Mixed-use properties
    Year built 1954
    Total area 2,880 SF
    Lot 1.75 ac (76,230 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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