4 Main St Galeton, PA 16922-1014
This exceptional commercial property at 4 W Main St, Galeton, PA 16922, presents a unique investment opportunity. The 4,200-4,700 square foot building, constructed in 1885 and extensively renovated between 2015 and 2024, boasts a prime location on busy Route 6, a central hub between popular tourist destinations like Cherry Springs Dark Skies and the Pine Creek Rail Trail. Currently operating as a successful sandwich and ice cream shop with over 15 years of history, the business occupies the ground floor (2,400 sq ft net rentable) and enjoys 100% occupancy. A second-floor, two-bedroom residential suite is currently leased until December 24th. The property sits on a 25,000 sq ft lot and includes a three-story building with multiple uses permitted under its commercial zoning. The asking price is $329,900, and the sale is offered as fee simple ownership. The current owner is willing to consider a rent-back option for the first floor at $1,000 per month. This versatile property offers significant upside potential through extended operating hours, expansion of the existing business, or conversion into alternative uses such as an apartment building, senior living facility, or professional office space. The property's APN is 091-004-077 and 078. This is a multi-tenant property with a net lease in place.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.