22 N 7Th St Akron, PA 17501
Property Lookup
Property profile & analytics
22 N 7Th St Akron, PA 17501
- Retail space
- 7,838 SF
- 0.62 lot acres
Property ID
US73-6011782
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 22 N 7Th St
- Year built
- 1900
- Construction
- BRICK
- Lot size
- 0.62 lot acres
- Property size
- 7,838 SF
- Zone code
- R-2
- Property type
- Retail space
- APN
- 020-35201-0-0000
- APU
- 203520100000
Description
This exceptional retail investment opportunity in Akron, Pennsylvania presents a profitable and well-established health food business housed in a unique 8,000 square foot building. Originally constructed in 1980, the property boasts a rich history, having previously served as a schoolhouse. Architectural details such as original crown moldings, hardwood floors, chalkboards, and staircases remain, adding character and charm. The main floor currently houses a thriving health food store, encompassing approximately 1,500 square feet, which has been operating successfully for 57 years. The store generates substantial income, with a current monthly rent of $3,000 plus utilities. Adding to the property's income stream, a second-floor apartment is occupied by a massage therapist and esthetician, paying $100 per month. The basement also features two storage tenants, contributing an additional $100 per month in rental income. While current rental income from the apartment and basement storage is low, it represents a significant opportunity for increased revenue. The asking price for this turnkey operation is $875,000, representing a price per square foot of $109.38. This property offers a rare blend of historical charm, established business income, and significant upside potential for a savvy investor. The property is located at 22 N 7th St, Akron, PA 17501.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $780,000
- ML approach
- $795,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $899,000
- AI Estimate
- $494,000
Market price range: $729k - $1.95MMarket price range: $354k - $1.06M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Akron
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.2049
- Latitude
- 40.1583
- CBSA code
- 29540
- CBSA name
- LANCASTER, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$9,867
$83,100
$311,100
$394,200
-
$83,100
$311,100
$394,200
