849 Diamond St Williamsport, PA 17701
- Commercial real estate
- 2,290 SF
- 0.18 lot acres
Current Use by Public Records
- Williamsport School of Self Defense / Martial Arts School / Boxing Club
- Mark Sales And Leasing / Furniture Store / Furniture Rental Service
Property Details for 849 Diamond St
- Year built
- 1948
- Lot size
- 0.18 lot acres
- Property size
- 2,290 SF
- Zone code
- COMM
- Property type
- Commercial real estate
- APN
- 67+,009.0-0500.00-000+
- APU
- 670090050000000
Description
This exceptional Williamsport property presents a unique blend of commercial and residential income potential. Situated on a 0.18-acre corner lot at 849 Diamond Street, this attractive brick building offers 8,818 square feet of versatile space. The main level encompasses a 5,000 square foot retail suite, ideal for a variety of businesses. Its prime location in Newberry ensures high visibility and foot traffic, enhanced by large front display windows and prominent electronic signage. Security features include an alarm system and camera surveillance, providing peace of mind. Adding to the investment appeal, the upper level comprises two apartments, generating a consistent rental income stream. This property is a turnkey opportunity for an investor seeking a diversified portfolio or a business owner looking for a high-impact location with ample space for operations and potential expansion. The building's robust construction and desirable location make it a compelling investment in a thriving community. The combination of retail, office, and residential spaces offers a unique opportunity to maximize returns and create a sustainable income stream. This is a rare chance to acquire a well-maintained property in a high-demand area. The property is priced at $495,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $210,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $160,000
- 6.5%
- $150,000
- 7%
- $145,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $175,000
- Geo Method
- $175,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $130,000
- Retail
- $160,000
- Mixed-Use
- $175,000
- Hospitality
- $165,000
- Educational
- $140,000
- Residential Income
- $165,000
- Energy
- $160,000
- Income-Based Land
- $170,000
- Food Service
- $140,000
Location Insight
- Map
- Local Demand
- City
- Williamsport
- County
- Lycoming
- State
- Pennsylvania
- Longitude
- -77.0559
- Latitude
- 41.2391
- CBSA code
- 48700
- CBSA name
- WILLIAMSPORT, PA METROPOLITAN STATISTICAL AREA
