Property profile

113 Main St Shenandoah, PA 17976

OFF-MARKET
Bars & Pubs
Property ID
US73-5238378
3,030 SF 0.1 ac lot Built 1900
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1900
Construction FRAME
Total area 3,030 SF
Lot 0.1 ac (4,356 SF)
APN 64-08-0138.000
UPID US73-5238378

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

113 Main St Shenandoah, PA 17976-2337
Shenandoah metro Census 602 POTTSVILLE, PA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$60k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$55k

Owner & transaction history

since 2021
Last sale
$85,000
4 recorded transactions
2021
$85,000
2017
$33,000
2015
$100,000
2010
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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