136 Chestnut St Derry, PA 15627-1938
- Commercial real estate
- 0.07 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 136 Chestnut St
- Lot size
- 0.07 lot acres
- Property type
- Commercial real estate
- APN
- 06-01-14-0-019
- APU
- 601140019
Description
This Derry, PA property presents a unique investment opportunity, combining residential and commercial potential. Located at 136 S Chestnut St, this versatile space is ideal for entrepreneurs seeking a high-visibility location. The property boasts a spacious 3-4 bedroom home, featuring large, airy rooms suitable for both comfortable living and potential office or commercial use. The home's layout offers ample space for a variety of business configurations. The expansive property also includes a substantial back deck, perfect for relaxation or client events. Convenient off-street parking and a one-car garage are significant advantages in this high-traffic area. The property's prime location ensures maximum exposure to pedestrian traffic, maximizing visibility for any business. This combination of residential comfort and commercial viability makes it an exceptional opportunity for those seeking a blend of income streams and a convenient work-from-home setup. The asking price is $125,000. The lot size is 0 acres. The property is zoned for retail use. This property is ready for immediate occupancy and offers significant potential for growth and success.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $120,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $155,000
- 6.5%
- $145,000
- 7%
- $145,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $160,000
- Geo Method
- $140,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $140,000
- Retail
- $135,000
- Mixed-Use
- $145,000
- Hospitality
- $130,000
- Educational
- $125,000
- Residential Income
- $140,000
- Energy
- $125,000
- Income-Based Land
- $155,000
- Food Service
- $130,000
Location Insight
- Map
- Local Demand
- City
- Derry
- County
- Westmoreland
- State
- Pennsylvania
- Longitude
- -79.2999
- Latitude
- 40.3328
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA