429 Main St Somerset, PA 15501-2106
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.
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Taylor's Auto Vehicle Inspection Center
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
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Property description
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Risks
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