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Property profile & analytics
FOR SALE
Retail space
701 W Market St Pottsville, PA 17901
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US73-5292487
For Sale
1 / 50
$299,900
701 W Market St, Pottsville, PA 17901
View Listing →
Property summary
AI-generated overview
This exceptional investment opportunity presents a three-unit multifamily building located at 701 W Market St, Pottsville, PA 17901. The property, built in 1900, sits on a 0.08-acre lot and boasts a unique layout. The front unit is a multi-room commercial space with one bathroom, offering versatile potential for various businesses. The rear of the building comprises two residential apartments: a three-bedroom, one-bathroom unit and a two-bedroom, one-bathroom unit. Two of the three units are currently occupied by tenants, providing immediate cash flow. The building is heated by gas. The property is being sold "as-is" and requires cash payment only. The Schuylkill County location, with its APN PASK2007742, offers easy access to local amenities and transportation. This is an excellent opportunity for investors seeking a hands-on project with strong rental income potential. The asking price is $350,000. Serious inquiries only. Schedule your showing today to explore this promising investment.
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1900
Construction
FRAME
Total area
885 SF
Lot
0.08 ac (3,485 SF)
APN
68-27-0264.000
UPID
US73-5292487
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
Mike Ghannoum · 6 yrs held
Mike Ghannoum
since 2019
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pottsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pottsville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$1,695
Tax year 2024
Assessed value
$20,180
Assessed 2024
Previous assessed
$20,180
+0.0% YoY
Effective rate
8.40%
On assessed value
Assessed land
$3,510
Assessed improvement
$16,670
Land market value
$7,020
Improvement market value
$33,340
Total market value
$40,360
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Status
For Sale
Year built
1900
Construction
FRAME
Heating
OTHER
Cooling
NONE
Buildings
10
Units
1
Total area
885 SF
Lot
0.08 ac (3,485 SF)
APN
68-27-0264.000
UPID
US73-5292487
Jurisdiction
SCHUYLKILL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
OTHER
Cooling
Yes
Buildings
10
Units
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Mike Ghannoum
Individual
Free & Clear · 6 yrs held
Mailing address
126 S 21ST ST, POTTSVILLE, PA 17901-3136
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2019
$53,250
Mike Ghannoum
Krc Home Solutions LLC
Deed
—
May 12, 2014
$30,000
Krc Home Solutions LLC
Estate Of Thomas T Clauser
Deed
—
Apr 6, 2006
—
Thomas Tod Clauser
Clara E Clauser
Intrafamily Transfer
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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