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    FOR SALE
    Commercial real estate

    500 Bridge St, Weissport, PA 18235

    10.3 ac lot
    Individually Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US73-0684695
    Property summary
    AI-generated overview

    This exceptional investment property at 500 Bridge St, Weissport, PA, offers 37,000+ square feet of versatile commercial space situated on a 10.3-acre lot. Currently operating as a thriving mixed-use complex, the building houses a restaurant, coffee house, ax throwing facility, a five-room hostel, and a fishing supply store. Adding to its income potential is a 1,500 square foot apartment already in place. Significant upside potential exists with approved plans for four additional 1,500 square foot apartments, all located on the second floor. These apartments represent a substantial opportunity for increased rental income. Furthermore, over 5,000 square feet of adaptable first-floor space presents a blank canvas for future commercial ventures, allowing for customization to suit a variety of business needs. The property's prime location in Weissport, PA, ensures high visibility and accessibility, making it an ideal investment for both seasoned investors and those seeking a diversified portfolio. The combination of existing income streams and significant expansion possibilities makes this a truly remarkable opportunity. The asking price is $2,850,000.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 10.3 ac (448,668 SF)
    APN 70B-62-A22
    UPID US73-0684695
    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
    Current use
    Occupant on record · Public records
    • RVR Electrical & General Contracting General Contractor
    • Hug In A Mug Café Cafe & Coffee Shop
    • The Hofford Mill Business Service Center Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Thomas W Mcevilly · 6 yrs held
    Thomas W Mcevilly
    since 2019
    2 recorded transactions
    2019
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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