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    200 S 1St St Conneaut Lake, PA 16316

    Individually Owned 20-yr Hold Free & Clear
    Property ID
    US73-4486460
    200 S 1St St, Conneaut Lake, PA 16316 For Sale 1 / 33
    $650,000
    200 S 1St St, Conneaut Lake, PA 16316
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    Property summary
    AI-generated overview

    This exceptional mixed-use property in Conneaut Lake, PA, presents a unique investment opportunity. Located at 200 S 1st St, this two-story, 5,490 square foot building sits on a 0.47-acre lot and is zoned C-2. The property includes a thriving storefront business specializing in plumbing, heating, and sewer line supplies, established for 74 years. The sale includes over $200,000 worth of inventory, encompassing hot water heaters, AC units, and a wide range of other supplies, providing a significant head start for the new owner. An apartment above the business offers additional income potential and boasts beautiful Conneaut Lake views. The property features two units in one building and is ready for occupancy on November 14, 2024. The asking price is $650,000. This established business offers the potential for expansion within the community, making it an ideal opportunity for an owner-user seeking a profitable venture with immediate income generation or an investor looking for a strong return. The property's APN is 2101-069. This is a truly turnkey operation with significant upside potential.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    APN 7918
    UPID US73-4486460
    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
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    John J George · 20 yrs held
    John J George
    since 2006
    1 recorded transaction
    2006
    Price N/A
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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