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Property profile & analytics
OFF-MARKET
Investment properties

631 Ctr St Freeland, PA 18224-1910

0.09 ac lot
Entity Owned Free & Clear
Property ID
US73-2704139
Property summary
AI-generated overview

This substantial 7,700 square foot brick building sits on a prominent corner lot in the heart of Freeland, Pennsylvania, offering exceptional visibility on a busy street. The property encompasses five residential apartments and two commercial storefronts, previously occupied by a restaurant and a barber shop. The versatile nature of the commercial spaces presents a multitude of redevelopment opportunities for prospective buyers. The building is currently vacant and has been condemned due to a reported sewer leak in the basement. This requires immediate attention and presents a significant factor in the overall investment. The 0.09-acre lot provides ample space for potential expansion or outdoor amenities, depending on the future use. All square footage measurements are approximate. The property's central location and substantial size make it an attractive proposition for investors seeking a project with significant upside potential. While requiring substantial rehabilitation, the building's prime location and existing infrastructure offer a strong foundation for a successful commercial venture. The buyer should be prepared for significant renovation costs associated with addressing the condemned status and the necessary repairs. This is a unique opportunity to acquire a large-scale property in a desirable location, ripe for revitalization.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 0.09 ac (3,920 SF)
APN 22-R9NE2-028-001
UPID US73-2704139
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
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
A & G Real Investments LLC
A & G Real Investments LLC
since 2025
Last sale
$150,000
6 recorded transactions
2025
$150,000
2015
$1,000
2013
$21,000
2011
$1,945
2006
Price N/A
2005
$180,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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