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    Property profile & analytics

    505 S Main St Montrose, PA 18801

    • Investment properties
    • 0.04 lot acres
    For Sale
    View listing
    $134,950
    Value Estimation
    Last Sale
    Sep 25, 2020
    $75,000
    Location Intelligence
    Property ID
    US73-5058619
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Little Leaf Natural Products / Grocery Store

    Property Details for 505 S Main St

    Lot size
    0.04 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    124.13-3,021.00,000.
    APU
    12413302100000

    Description

    Prime Montrose, PA retail space at 505 S South Main Street is available for $165,000. This 1,430 square foot commercial property includes a well-established, turn-key business with over 25 years of operational history. The sale includes all inventory, equipment (shelving, electronics, security system, HVAC systems, freezers), customer lists, and goodwill. The current location underwent renovations in 2021, featuring an accessible entryway and restroom. The property is situated in a leased space with favorable terms extending through 2027, providing immediate operational continuity for the new owner. This presents a unique opportunity to acquire an established business with a proven track record in a desirable location within the scenic downtown Montrose area. The business has served the community for over two decades, offering a strong foundation for continued success. This is an exceptional opportunity for an entrepreneur seeking an established business with significant assets included in the sale price. The property is located in Susquehanna County, PA, zip code 18801. The sale price includes all fixtures and equipment, minimizing the initial investment required to begin operations.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $75,000

    • CAP approach

      CAP return
      Estimation
      6%
      $95,000
      6.5%
      $105,000
      7%
      $100,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $110,000
      Geo Method
      $105,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $90,000
      Retail
      $90,000
      Mixed-Use
      $95,000
      Hospitality
      $95,000
      Educational
      $95,000
      Residential Income
      $80,000
      Energy
      $95,000
      Income-Based Land
      $85,000
      Food Service
      $110,000

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Susquehanna
    State
    Pennsylvania
    Longitude
    -75.879
    Latitude
    41.8328

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,489
    $3,500
    $28,800
    $32,300
    -
    $7,000
    $57,600
    $64,600

    Comparable in this City

    • Value Estimation by Request
      0.17 Acres

      4949 State Rte 706

      OFFICE/RESIDENTIAL (MIXED USE) • 0.17 Acres
      4949 State Rte 706, Montrose, PA 18801
      View Details
    • Value Estimation by Request
      0.84 Acres

      16687 State Rte 706

      OFFICE/RESIDENTIAL (MIXED USE) • 0.84 Acres
      16687 State Rte 706, Montrose, PA 18801-6613
      View Details
    • Value Estimation
      $245,000
      0.07 Acres

      249 Church St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.07 Acres
      249 Church St, Montrose, PA 18801-1272
      View Details
    • Value Estimation
      $215,000
      0.05 Acres

      218 Church St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.05 Acres
      218 Church St, Montrose, PA 18801-1271
      View Details
    • Value Estimation
      $245,000
      1.33 Acres

      616 Grow Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1.33 Acres
      616 Grow Ave, Montrose, PA 18801-1440
      View Details
    • Value Estimation
      $245,000
      0.34 Acres

      150 Maple St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.34 Acres
      150 Maple St, Montrose, PA 18801-1263
      View Details

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      Montrose Commercial Property w/ Business

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      Thriving Health Food Store

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      Montrose Retail Space - $165K

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      View Details
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    505 S Main St
    Montrose, PA 18801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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