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    Warehouses

    983 Locust St, Saint Michael, PA 15951

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    AI-generated overview

    This exceptional commercial property, located at 983 Locust Street in Saint Michael, Pennsylvania, presents a compelling investment opportunity. Situated on a nearly half-acre corner lot within the Forest Hills School District, this substantial building offers significant versatility. The property boasts approximately 4,000 square feet of usable space in the drive-in lower level, presenting ample potential for various commercial uses. Furthermore, the existing structure allows for the potential development of four residential units and a storefront, significantly expanding income streams. The property's strategic location is enhanced by large parking lots on either side, providing convenient access and ample parking for tenants or customers. This unique offering presents a rare chance to acquire a substantial property with diverse development possibilities. The property is zoned for commercial use and is located in Cambria County, PA, zip code 15951. The asking price for this property is $100,000. This property is also available for purchase with the adjacent 983 Locust Street (St Michael Beverage) property. Don't miss this chance to acquire a high-potential investment in a desirable location.

    Property profile
    Verified
    Property type Warehouses
    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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