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    331 Main St Ridgway, PA 15853

    • Commercial real estate
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US73-4782259
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ridgway Lions Club / Club
    • Sharkey Piccirillo & Keen LLP CPA's / Accountant
    • Knights of Columbus / Fraternal Organization

    Property Details for 331 Main St

    Property type
    Commercial real estate
    APN
    12-12-231-9732
    APU
    12122319732

    Description

    This exceptional commercial property at 331 Main Street in Elk County offers a unique blend of office and warehouse space, perfect for a single tenant. The first-floor office is immediately available, boasting 1 square foot of high-visibility, clean, and professional space. All utilities—water, sewage, gas, and electricity—are included in the monthly rent of $600, along with convenient lawn and snow removal services. Ample off-street parking is provided for employees and clients. New windows enhance the space's appeal. A key lockbox ensures easy access. Tenants may utilize the Knights of Columbus conference room upon approval. Additional office space is available upstairs should expansion needs arise. Note that a back room is currently leased, with an expiration date of October 1, 2024; however, the front room is readily available for immediate occupancy. The property is zoned commercial and has an APN of 12-12-231-9732. This is an ideal opportunity for a business seeking an affordable and well-maintained space in a prime location. A security deposit is required.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ridgway
    County
    Elk
    State
    Pennsylvania
    Longitude
    -78.7282
    Latitude
    41.4228
    CBSA code
    41260
    CBSA name
    ST. MARYS, PA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,941
    $5,800
    $45,400
    $51,200
    -
    $0.00
    $0.00
    $102,400

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    331 Main St
    Ridgway, PA 15853
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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