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Property profile & analytics
OFF-MARKET
Investment properties

505 Main St Montrose, PA 18801-1307

0.04 ac lot
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US73-5058619
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 0.04 ac (1,742 SF)
APN 124.13-3,021.00,000.
UPID US73-5058619
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
  • Little Leaf Natural Products Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Places Properties LLC · 5 yrs held
Places Properties LLC
since 2020
Last sale
$75,000
5 recorded transactions
2022
Price N/A
2020
$75,000
2019
$11,191
2019
$11,191
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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