1 N Robinson Ave Pen Argyl, PA 18072
For Sale
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This exceptional 8,112 square foot, fee-simple owned retail property presents a unique investment opportunity in Pen Argyl, Pennsylvania. Located at 1 N Robinson Ave, this former full-service bank boasts a convenient two-lane drive-thru, strategically positioned at a signalized intersection for optimal visibility and accessibility. The property features approximately twelve on-site parking spaces, accessible from both N Robinson Ave and N Harding Ave, ensuring ample parking for customers and staff. The building itself, constructed in 1860, is a single-story structure situated on a 0.37-acre lot, zoned GB. The interior layout includes a spacious retail area, two secure vaults, and multiple offices on the ground floor. A partially finished basement offers additional potential for expansion or storage. The property benefits from public water and sewer services and enjoys high visibility to both vehicular and pedestrian traffic, making it ideal for a variety of uses. The asking price is $550,000, translating to $67.80 per square foot. The property is currently vacant, providing immediate occupancy for the new owner. With an average daily traffic count of 12,119, this location offers significant potential for a thriving business.
GB General Business District. A. Permitted uses. The following permitted uses shall be allowed in the GB District: (1) Retail store or shop. (2) Business office or office building, studio or agency, such as insurance or real estate office, bank or other financial institution. (3) Professional offices, medical and dental clinics. (4) Barber shop, beauty shop,…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GB · Pen Argyl, PAGB General Business District. A. Permitted uses. The following permitted uses shall be allowed in the GB District: (1) Retail store or shop. (2) Business office or office building, studio or agency, such as insurance or real estate office, bank or other financial institution. (3) Professional offices, medical and dental clinics. (4) Barber shop, beauty shop, self-service laundry or dry-cleaning establishments, tailor or dressmaking shop or other personal service store or shop. (5) General servicing or repair shop, such as watch, clock, radio, television or other home appliance repair. (6) Restaurant, cafe, tavern or other place serving food and beverage. (7) Membership club. (8) Church, Sunday school or other place of worship. (9) Place of amusement such as bowling lanes, miniature golf course or theater other than an outdoor drive-in theater. (10) Printing or publishing establishment. (11) Automobiles or machinery sales with accessory service facilities, exclusive of unroofed storage of motor vehicles or machinery. (12) Hotel, motel or boarding house. (13) Upper floor apartments, including single-family, two-family and multiple-family uses, provided that the dwelling units are located on the second floor and above and not on the ground floor or underground floor of a building, and provided that the building and apartment units comply with all applicable provisions of Borough and state health and safety codes and ordinances. (14) Parks and play areas. (15) Art gallery or museum. (16) Funeral home. (17) Parking garage. (18) Child day-care center, pursuant to § 108-25H . B. Accessory uses. The following accessory uses shall be permitted in the GB District: (1) Customary accessory uses and structures, including street lamps, fountains, planter boxes, benches and other similar street furniture. (2) Public off-street parking areas pursuant to the applicable provisions of § 108-26A . (3) Private garage or private parking area pursuant to the applicable provisions of § 108-24B . (4) Signs, pursuant to the provisions of § 108-27 . C. Special exception uses. The following uses are permissible subject to Zoning Hearing Board approval pursuant to § 108-36 : (1) Community center complex, public library, municipal building, fire or police station. (2) Hospital, convalescent home or other similar use. (3) Filling station. (4) Car washing station or public garage. (5) Bus passenger station or taxi station. (6) Public utility building, structure or facility. (7) Outdoor storage of automobiles or machinery for sale, except junked automobiles or machinery.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
