200 1St St Conneaut Lake, PA 16316
- Investment properties
Current Use by Public Records
- Investment properties
Property Details for 200 1St St
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 7918
- APU
- 7918
Description
This exceptional mixed-use property in Conneaut Lake, PA, presents a unique investment opportunity. Located at 200 S 1st St, this two-story, 5,490 square foot building sits on a 0.47-acre lot and is zoned C-2. The property includes a thriving storefront business specializing in plumbing, heating, and sewer line supplies, established for 74 years. The sale includes over $200,000 worth of inventory, encompassing hot water heaters, AC units, and a wide range of other supplies, providing a significant head start for the new owner. An apartment above the business offers additional income potential and boasts beautiful Conneaut Lake views. The property features two units in one building and is ready for occupancy on November 14, 2024. The asking price is $650,000. This established business offers the potential for expansion within the community, making it an ideal opportunity for an owner-user seeking a profitable venture with immediate income generation or an investor looking for a strong return. The property's APN is 2101-069. This is a truly turnkey operation with significant upside potential.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Conneaut Lake
- County
- Crawford
- State
- Pennsylvania
- Longitude
- -80.301
- Latitude
- 41.6019
- CBSA code
- 32740
- CBSA name
- MEADVILLE, PA MICROPOLITAN STATISTICAL AREA
