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Property profile & analytics
OFF-MARKET
Commercial real estate

4 Main St Galeton, PA 16922-1014

1,628 SF 0.19 ac lot Built 1900
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US73-5216193
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Total area 1,628 SF
Lot 0.19 ac (8,250 SF)
APN 091-004-077
UPID US73-5216193
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Russell J Bull JR · 4 yrs held
Russell J Bull JR
since 2022
Last sale
$231,860
2 recorded transactions
2024
Price N/A
2022
$231,860
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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