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Property profile & analytics

56 Thompson Ave Bradford, PA 16701-2368

  • Commercial real estate
  • 1.23 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US73-4662733
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

  • Commercial real estate

Property Details for 56 Thompson Ave

Lot size
1.23 lot acres
Property type
Commercial real estate
APN
02-018. -107.01.
APU
201810701

Description

This exceptional 9,856 square foot commercial property, located at 56 Thompson Avenue in the heart of Bradford, Pennsylvania, presents a rare investment opportunity. Situated on a 1.23-acre lot, this well-maintained building offers a versatile layout ideal for a variety of business ventures. Currently configured to include a thriving auto shop, the property also boasts two updated one-bedroom apartments, one of which is handicap accessible. Both apartments feature open floor plans, providing comfortable and modern living spaces. In addition to the residential units, a substantial warehouse/workshop area provides ample space for storage, manufacturing, or other commercial uses. The property benefits from abundant on-site parking, a significant advantage in a bustling downtown area. The building's prime location in downtown Bradford ensures high visibility and easy access to local amenities and transportation routes. This property is perfect for an investor seeking a diversified income stream or an entrepreneur looking to establish a thriving business in a vibrant community. The combination of established commercial space, updated residential units, and ample storage makes this a truly unique and highly desirable property. The strong existing tenant in the auto shop provides immediate cash flow, while the apartments offer additional rental income potential. Don't miss this chance to acquire a versatile and profitable commercial property in a desirable location.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Bradford
County
Mckean
State
Pennsylvania
Longitude
-78.6495
Latitude
41.9484
CBSA code
14620
CBSA name
BRADFORD, PA MICROPOLITAN STATISTICAL AREA

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
$5,198
$17,140
$81,140
$98,280
-
$17,140
$81,140
$98,280
More about this property
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