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Property profile & analytics
OFF-MARKET
Commercial real estate

120 Cherry St Marienville, PA 16239-1016

0.66 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US73-4630748
Property summary
AI-generated overview

This exceptional investment opportunity in Marienville, PA presents two properties ideally situated on 0.66 acres in a high-traffic location. The main building, located at 120 Cherry St., boasts a recently renovated (2002) interior and previously functioned as a pharmacy. A significant feature is a large, separately accessible storage area accessed from the rear, complete with ramp access, high ceilings, and a full bathroom. This building offers flexible space adaptable to various business needs. The second property, situated at 107 W. Spruce St., features high ceilings and was formerly used as an EMT facility. This building includes an attached kitchen, living area, two bedrooms, and a full bathroom, providing versatile residential or commercial potential. Both buildings offer ample parking. The seller is open to selling the properties individually, presenting a unique opportunity for both investors and business owners seeking to establish or expand their operations in a central Marienville location. The combined properties offer a significant amount of space and potential for diverse uses.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.66 ac (28,662 SF)
APN 7173
UPID US73-4630748
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Marienville Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
CLARION DEVELOPMENT CORP
CLARION DEVELOPMENT CORP
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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