Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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