2502 3rd St, Williamsport, PA 17701-4074
- Banks
- 6,096 SF
- 1.24 lot acres
Current Use by Public Records
- Banks
Property Details for 2502 3rd St
- Year built
- 1992
- Lot size
- 1.24 lot acres
- Property type
- Banks
- APN
- 26+,005.0-0322.00-000+
- APU
- 260050032200000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 10, 2025 | $2,200,000 | Members 1st Federal Credit Union | Famvest Xxv 2502 Ets LLC | Deed · related | — |
| Jul 27, 2023 | $1,500,000 | Famvest Xxv 2502 Ets LLC | Northwest Bank | Deed | $1M · Jersey Shore State Bank |
| Jul 22, 2011 | — | Kpp Williamsport Retail LP | King Penguin Properties Williamspor | Intrafamily Transfer · related | $550k · Emerald Creek Capital LLC |
| Feb 27, 2008 | $2,150,000 | King Penguin Properties Williamspor | William Acquisitions LLC | Re-recorded Document · related | $1.6M · Wachovia Bank NA |
Description
This exceptional 6,200 square foot vacant retail building presents a unique investment opportunity in Williamsport, Pennsylvania. Located at 2502 E 3rd St, this property sits on a 1.24-acre lot and boasts a highly desirable location directly adjacent to a top-performing Aldi grocery store (within the top 10% nationally). Built in 1992, the building is zoned COM P and offers versatile space suitable for a variety of uses, including convenience store, restaurant, or medical office, as indicated by its previous uses. The property is currently vacant, providing a blank canvas for a new tenant or owner-operator. The surrounding area demonstrates strong economic indicators, with a robust population base of over 54,000 residents within a 5-mile radius and an average household income exceeding $69,000. Further bolstering the area's appeal is the presence of two prominent colleges, Pennsylvania College of Technology (4,500+ students) and Lycoming College (1,000+ students), both within 3 miles. Major employers such as Susquehanna Health and Aramark also contribute to the area's economic vitality. Consumer spending is projected to increase by 9% in the next five years, indicating a promising outlook for future growth and profitability. The asking price for this prime retail space is $2,300,000. This property offers significant potential for investors seeking a strong return in a thriving market.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,905,000
- ML approach
- $1,905,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Williamsport
- County
- Lycoming
- State
- Pennsylvania
- Longitude
- -76.9537
- Latitude
- 41.2468
- CBSA code
- 48700
- CBSA name
- WILLIAMSPORT, PA METROPOLITAN STATISTICAL AREA