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Property profile & analytics
OFF-MARKET
Retail space

120 Ctr St Corry, PA 16407-1625

9,600 SF 0.11 ac lot Built 1930
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US73-0970444
Property summary
AI-generated overview

This exceptional 9,600 square foot commercial property, situated on a 0.11-acre lot at 120 N CENTER Street in the heart of Corry, PA, presents a unique investment opportunity. The building boasts three individual storefronts, two of which are currently occupied by a thriving, beautifully remodeled Angelwear Boutique. The third storefront is soon to become available, offering immediate potential for additional income or expansion. A recent investment in a brand-new roof ensures long-term durability and reduced maintenance costs. Each unit benefits from individual utility metering, providing tenants with cost transparency and operational independence. The property's central downtown location ensures high visibility and consistent foot traffic, particularly during popular community events such as First Fridays. Ample parking is available both on and off the street, enhancing convenience for both tenants and customers. This property represents a rare chance to acquire a significant piece of Corry's historic downtown, offering versatility and strong potential for future growth and profitability. The asking price is $120,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Construction WOOD
Total area 9,600 SF
Lot 0.11 ac (4,818 SF)
Zoning code C2
APN 06-022-093.0-015.00
UPID US73-0970444
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
  • Erie County Housing Authority Housing Authority
  • Mystics Beauty Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Lnmrentals LLC · 5 yrs held
Lnmrentals LLC
since 2021
Last sale
$80,000
4 recorded transactions
2021
$55,000
2018
$40,000
2009
Price N/A
1969
Price N/A
Zoning & alternative use
C2 · Corry, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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