10429 Main St North East, PA 16428
- Retail properties
- 6,250 SF
- 1.67 lot acres
Current Use by Public Records
- Super Stitch Sewing and Vacuum Center / Sewing Machine Store / Sewing Machine Repair Service
Property Details for 10429 Main St
- Year built
- 2002
- Lot size
- 1.67 lot acres
- Property size
- 6,250 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a highly profitable, turnkey business and its accompanying real estate. The Super Stitch Sewing, Vacuum & Learning Center, established in 1983, boasts over $1.2 million in average annual sales (2021-2023) and a net operating income of $215,541 (2023). The business, including its name, assets, goodwill, and inventory, is offered at $475,000. The accompanying 6,250 square foot, two-story building, constructed in 2002 and fully renovated in 2017, sits on a 1.672-acre lot in North East, PA. The property features a large showroom with high ceilings and abundant natural light, a state-of-the-art learning center with seating for 17+, office space, and ample storage. Additional amenities include paved parking for 29+ vehicles, front and rear entrances, digital signage, a security system, and a central vacuum system. The property is zoned B-1 Commercial and enjoys a convenient location, just three miles from I-90, Exit 41. Multiple revenue streams contribute to the business's success, including sewing machine and vacuum sales and service, monthly supply clubs, in-person and online classes, and kids' camps. A well-developed website and strong social media presence further enhance its reach. The business's extensive client base extends throughout Greater Erie and a 2-3 hour radius, encompassing Buffalo, Cleveland, and Pittsburgh. The real estate and business are offered together for $1,295,000, with a lease option available at $4,500 per month, NNN. A 3D tour and floor plan are available.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- North East
- County
- Erie
- State
- Pennsylvania
- Longitude
- -79.858
- Latitude
- 42.2075