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Property profile & analytics
OFF-MARKET
Commercial real estate

166 Ligonier St New Florence, PA 15944

2,400 SF 0.28 ac lot Built 1969
Trust Owned Free & Clear
Property ID
US73-3850200
Property summary
AI-generated overview

This exceptional 2,200 square foot retail property, located at 166 S Ligonier St in New Florence, Pennsylvania, presents a unique investment opportunity. Situated on a 0.4-acre lot at a prime corner intersection in Westmoreland County (zip code 15944), this single-story, Class B building boasts tremendous visibility and accessibility. Built in 1960, the structure is a solid masonry building with excellent signage potential. The property features a drive-thru window and ample parking with 8 spaces. The interior offers a large lobby, three offices, a steel vault, and two restrooms. Previously a bank branch, this versatile space is ideal for adaptive reuse, repositioning, or redevelopment. Multiple points of ingress and egress enhance convenience. The property is zoned Mixed Use and offers 2,200 square feet of net rentable space, available for $129,000 ($58.64 per square foot). The lease type is NNN, and the occupancy date was November 30, 2021. This owner-user investment is perfect for a variety of businesses, including but not limited to ice cream shops, coffee shops, donut shops, banks, or fast-food restaurants. Monthly ownership costs are estimated to be as low as $800.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1969
Total area 2,400 SF
Lot 0.28 ac (12,066 SF)
APN 23-01-15-0-020
UPID US73-3850200
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
  • First National Bank ATM Atm
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Somerset Trust Company
Somerset Trust Company
since 2025
Last sale
$80,000
3 recorded transactions
2025
$80,000
2023
$28,000
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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