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    Property profile & analytics

    4 Main St Galeton, PA 16922-1014

    • Commercial real estate
    • 1,628 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    $210,000
    Last Sale
    Jul 27, 2022
    $231,860
    Location Intelligence
    Property ID
    US73-5216193
    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.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 4 Main St

    Year built
    1900
    Lot size
    0.19 lot acres
    Property size
    1,628 SF
    Property type
    Commercial real estate
    APN
    091-004-077
    APU
    91004077

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $235,000

    • CAP approach

      CAP return
      Estimation
      6%
      $165,000
      6.5%
      $150,000
      7%
      $155,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $180,000
      Geo Method
      $170,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $145,000
      Retail
      $170,000
      Mixed-Use
      $180,000
      Hospitality
      $155,000
      Educational
      $170,000
      Residential Income
      $160,000
      Energy
      $135,000
      Income-Based Land
      $185,000
      Food Service
      $155,000

    Location Insight

    • Map
    • Local Demand
    City
    Galeton
    County
    Potter
    State
    Pennsylvania
    Longitude
    -77.643
    Latitude
    41.7359

    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
    $2,811
    $2,190
    $28,000
    $30,190
    -
    $2,190
    $28,000
    $30,190

    Comparable in this City

    • Value Estimation by Request
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      684 Rte 6th W

      COMMERCIAL (GENERAL) • 940 SF
      684 Rte 6th W, Galeton, PA 16922-9112
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    • Value Estimation by Request
      3,000 SF

      16 Brg St

      COMMERCIAL (GENERAL) • 3,000 SF
      16 Brg St, Galeton, PA 16922-1341
      View Details
    • Value Estimation by Request
      0.50 Acres

      Riv St

      COMMERCIAL (GENERAL) • 0.50 Acres
      Riv St, Galeton, PA 16922
      View Details
    • Value Estimation
      $140,000
      6.82 Acres

      345 Rte 6th E

      COMMERCIAL (GENERAL) • 6.82 Acres
      345 Rte 6th E, Galeton, PA 16922-9137
      View Details
    • Value Estimation
      $260,000
      0.60 Acres

      1 Clinton St

      COMMERCIAL (GENERAL) • 0.60 Acres
      1 Clinton St, Galeton, PA 16922-1401
      View Details
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    4 Main St
    Galeton, PA 16922-1014
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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