215 Jacob St Kittanning, PA 16201
- Auto shops
- 7,060 SF
- 0.13 lot acres
Current Use by Public Records
- Auto shops
Property Details for 215 Jacob St
- Year built
- 1950
- Lot size
- 0.13 lot acres
- Property size
- 7,060 SF
- Zone code
- BUSINESS
- Property type
- Auto shops
- APN
- 21-0-013944
- APU
- 210013944
Description
This exceptional commercial property, located at 215 Jacob Street in Kittanning, Pennsylvania, presents a significant investment opportunity. The building, formerly occupied by Paul's Auto Parts, boasts over 8,000 square feet of versatile space, ideal for a variety of retail or commercial uses. The main level features a large, open retail area perfect for showcasing products or services, complemented by extensive storage and shelving in the rear and upstairs areas, providing ample inventory space. The second floor offers additional office space and further storage, enhancing the property's functionality. This substantial building sits on a 0.35-acre lot and includes two additional parcels dedicated to parking, ensuring convenient access for customers and employees. The property's size and layout offer considerable flexibility for adaptation to suit diverse business needs. Its strategic location in Kittanning Borough provides excellent visibility and accessibility. This is a rare opportunity to acquire a substantial commercial property with significant potential for growth and return on investment. The asking price is $174,900. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $285,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $395,000
- 6.5%
- $430,000
- 7%
- $465,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $415,000
- Geo Method
- $440,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $375,000
- Retail
- $420,000
- Mixed-Use
- $335,000
- Hospitality
- $445,000
- Educational
- $390,000
- Residential Income
- $360,000
- Energy
- $380,000
- Income-Based Land
- $400,000
- Food Service
- $375,000
Location Insight
- Map
- Local Demand
- City
- Kittanning
- County
- Armstrong
- State
- Pennsylvania
- Longitude
- -79.5178
- Latitude
- 40.813
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA