437 Ctr St Freeland, PA 18224
This substantial 6,200 square foot commercial building is ideally situated in the heart of Freeland, Pennsylvania, at 437 Centre Street. The property presents a unique investment opportunity for a discerning buyer. The building features a large, open-span storefront on the ground floor, perfect for a variety of retail or commercial uses. Above the storefront, the second floor comprises three two-bedroom residential apartments. Currently, one apartment is occupied. The building has been vacant for an extended period and requires some renovations and attention to detail. The rear of the property includes a garage that is in need of repair. The possibilities for this property are extensive, ranging from complete renovation and lease-up to a mixed-use development. The building's central location in Freeland offers excellent visibility and accessibility. All measurements are approximate and should be independently verified. This is a chance to acquire a significant property in a desirable location with the potential for substantial returns on investment. The property is being offered at $195,000. Don't miss this opportunity to transform this building into a thriving commercial and residential asset. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.