662 Airport RdPunxsutawney, PA 15767

Property Details for 662 Airport Rd

Year built

1959

Lot size

16.40 AC

Property size (Sq ft)

13,214 SF

Property type

Other commercial real estate

APN

03-526-0217-A

APU

035260217A

Description

This exceptional commercial opportunity presents a substantial 2.8-acre property located at 662 Airport Road in Punxsutawney, Pennsylvania. The main structure, formerly Bell Township Elementary School, offers immense potential for redevelopment and repurposing. Its spacious layout and ample land provide a blank canvas for a variety of commercial ventures. Imagine transforming this historic building into a thriving retirement community, catering to the growing senior population. Alternatively, envision a unique antique mall, showcasing local craftsmanship and attracting tourists to the area. The possibilities extend to a modern office complex, providing flexible workspaces for businesses seeking a distinctive location. The property's existing appliances and furniture are included in the sale, representing a significant cost savings for any prospective buyer. This turnkey opportunity in Jefferson County offers a rare chance to acquire a substantial property with significant upside potential. The 2.8-acre lot provides ample space for expansion or additional development, further enhancing its value and versatility. Located in Punxsutawney, the property benefits from convenient access to local amenities and transportation routes. This is an exceptional investment opportunity for those seeking a large-scale project with high potential returns. The property is priced competitively at $350,000, reflecting its significant potential and the included fixtures. Serious inquiries are encouraged to explore the full potential of this remarkable property.

• Alternative Use

  Use

  Valuation

  Residential

  $3,227,005

  Hospitality

  $2,955,919

  Educational

  $2,459,290

  Medical

  $2,543,869

  Retail

  $3,825,562

Location Insight

City

Punxsutawney

County

Jefferson

State

Pennsylvania

Latitude

40.9649

Longitude

-78.9235

Property Tax & Assessments

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