639 Main St Portage, PA 15946

OFF-MARKET

Investment properties

Property ID

US73-2803191

0.05 ac lot

Individually Owned 3-yr Hold Absentee Owner Free & Clear

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This attractive mixed-use property in Portage, Pennsylvania, presents a compelling investment opportunity. Located at 639 Main St, 15946, this two-story building offers 2,132 square feet and boasts three units, currently configured as two residential apartments above a ground-floor commercial space. The building sits in a high-traffic area, providing excellent visibility for any commercial venture. The permitted zoning is Mixed Use, allowing for a variety of potential uses, including apartments, office space, or retail. The current setup offers immediate cash flow potential, while the building also presents an opportunity for rehabilitation and customization to suit individual needs. This property is ideal for investors seeking a versatile asset with strong potential for return. The asking price is $55,000. The property is owner-occupied.

Property type Investment properties

Use group OFFICE/RESIDENTIAL (MIXED USE)

Lot 0.05 ac (2,310 SF)

APN 047 026787

UPID US73-2803191

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

639 Main St Portage, PA 15946-1539

Portage metro Census 13000 JOHNSTOWN, PA METROPOLITAN STATISTICAL AREA

Google Maps

AI Approach AI

$55k

CAP Approach CAP

by Request

Comparable Approach Comparable

by Request

Blend (final) Blend

$55k

since 2023

Last sale

$27,500

2 recorded transactions

2023

$27,500

2017

$1,363

Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation
$245,000

0.53 Acres

420 Plane Rd, Unit 420PLANERD

OFFICE/RESIDENTIAL (MIXED USE)

420 Plane Rd, Portage, PA 15946-6727

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Value Estimation
$2,000,000

0.07 Acres

711 Caldwell Ave

OFFICE/RESIDENTIAL (MIXED USE)

711 Caldwell Ave, Portage, PA 15946-1557

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Value Estimation
$65,000

1.00 Acre

1627 Caldwell Ave

OFFICE/RESIDENTIAL (MIXED USE)

1627 Caldwell Ave, Portage, PA 15946-1430

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Value Estimation by Request

737 Prospect St

OFFICE/RESIDENTIAL (MIXED USE)

737 Prospect St, Portage, PA 15946

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Value Estimation
$240,000

0.02 Acres

717 Br St

OFFICE/RESIDENTIAL (MIXED USE)

717 Br St, Portage, PA 15946-1721

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Value Estimation
$70,000

1,180 SF

1634 Knob Rd

OFFICE/RESIDENTIAL (MIXED USE)

1634 Knob Rd, Portage, PA 15946-4416

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