113 Main St, Shenandoah, PA 17976-2337
This exceptional 10,470 square foot commercial building, situated on a 0.1-acre lot at 113 S Main Street in Shenandoah, Pennsylvania, presents a unique investment opportunity. The property boasts a completely remodeled three-bedroom apartment, with the potential for a fourth bedroom, featuring a brand new kitchen and an open-concept living and dining area. A second apartment or spacious house is also partially finished, offering further development potential. The significant lower level presents a multitude of possibilities for a variety of commercial ventures. Envision an indoor flea market, office space, restaurant, café, nail or beauty salon, arcade, or pool hall – the possibilities are vast. All commercial uses are subject to the approval of the Borough of Shenandoah. The building's versatile layout and substantial square footage make it an ideal choice for an entrepreneur seeking a high-return investment or a savvy investor looking to capitalize on the diverse possibilities this property offers. The strategic location on Main Street ensures high visibility and accessibility, making it an attractive proposition for a wide range of businesses. This property is priced competitively at $269,000, representing a compelling opportunity in the Shenandoah commercial real estate market.
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
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.