Technical
Financial
Distress signals
Property profile

429 Main St Somerset, PA 15501

OFF-MARKET
Gas stations
Property ID
US73-3968552
0.3 ac lot Built 1951
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This 1,581 square foot vacant auto shop, located at 429 E Main St, Somerset, PA 15501, presents a unique investment opportunity. The property, situated on a 0.3-acre lot, boasts 14 parking spaces and is zoned for commercial use. Built in 1951, the single-story building features a metal roof and measures 31 feet by 51 feet. One in-ground hoist is included in the sale price of $80,000. A second lift, currently owned by a previous tenant, may be available for separate purchase. The property's history includes use as a former gas station and more recently as an auto repair shop. Its prime location offers excellent visibility and high traffic counts, making it suitable for a variety of retail businesses with some renovations. The property's APN is s41-035-044. This is a vacant property ready for its next chapter. Consider the potential for conversion to a different retail use.

Property profile

Verified
Property type Gas stations
Use group GAS STATION
Year built 1951
Lot 0.3 ac (13,068 SF)
APN S41-035-044-000
UPID US73-3968552

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Vehicle Inspection Center

Location

429 Main St Somerset, PA 15501-2106
Somerset metro Census 21100 SOMERSET, PA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$180k

Owner & transaction history

since 2025
2 recorded transactions
2025
$50,000
2008
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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