Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    715 Washington St Huntingdon, PA 16652-1741

    • Commercial real estate
    • 5,616 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-3601367
    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

    • Hair Saloon / Hair Salon / Nail Salon
    • The Beauty Bar by Monaka / Hair Salon / Nail Salon
    • Ramsey's Tattoo & Body Piercing / Tattoo & Piercing Shop

    Property Details for 715 Washington St

    Lot size
    0.14 lot acres
    Property size
    5,616 SF
    Property type
    Commercial real estate
    APN
    19-01-13
    APU
    190113

    Description

    This exceptional investment opportunity encompasses two prime properties totaling 21,600 square feet on a 0.14-acre lot at 715 & 713 Washington Street in Huntingdon, PA. The portfolio consists of seventeen income-generating rental units, offering a diverse and substantial revenue stream. Thirteen residential units are available, a mix of one-bedroom and three-bedroom apartments, catering to a broad tenant base. Four additional units are dedicated to thriving businesses: cinema spaces within the Clifton Theater, an art studio, a beauty salon, and a professional counseling center. This turnkey investment boasts a proven history of strong rental income, providing immediate returns. All units, excluding the one-bedroom apartments, are equipped with central air conditioning, enhancing tenant comfort and satisfaction. Located in the heart of Huntingdon's bustling downtown area, this property presents a rare chance to acquire a well-established, high-yield investment portfolio. The asking price is $790,000. This is an ideal opportunity for experienced investors seeking a stable and growing income stream or for those looking to expand their business holdings in a vibrant downtown setting. Don't miss this chance to secure a significant and profitable investment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Huntingdon
    County
    Huntingdon
    State
    Pennsylvania
    Longitude
    -78.0151
    Latitude
    40.487
    CBSA code
    26500
    CBSA name
    HUNTINGDON, 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
    2023
    $4,395
    $10,640
    $36,000
    $46,640
    -
    $13,300
    $45,000
    $58,300

    Comparable in this City

    • Value Estimation by Request
      1.07 Acres

      Huntingdon, PA 16652

      COMMERCIAL (GENERAL) • 1.07 Acres
      Huntingdon, PA 16652
      View Details
    • Value Estimation by Request
      1.15 Acres

      Huntingdon, PA 16652

      COMMERCIAL (GENERAL) • 1.15 Acres
      Huntingdon, PA 16652
      View Details
    • Value Estimation by Request
      0.07 Acres

      11th St At Susquehanna Ave

      COMMERCIAL (GENERAL) • 0.07 Acres
      11th St At Susquehanna Ave, Huntingdon, PA 16652
      View Details
    • Value Estimation by Request
      0.86 Acres

      200 Allegheny St

      COMMERCIAL (GENERAL) • 0.86 Acres
      200 Allegheny St, Huntingdon, PA 16652-1428
      View Details
    • Value Estimation by Request
      4.38 Acres

      13058 Greenwood Rd

      COMMERCIAL (GENERAL) • 4.38 Acres
      13058 Greenwood Rd, Huntingdon, PA 16652-6030
      View Details
    • Value Estimation by Request
      1.72 Acres

      6725 Towne Ctr Blvd

      COMMERCIAL (GENERAL) • 1.72 Acres
      6725 Towne Ctr Blvd, Huntingdon, PA 16652-6933
      View Details

    Similar Nearby for Sale

    • $299,900
      3,033 SF

      Huntingdon Commercial Property - Prime Location

      High-Visibility Corner Lot, Ideal for Business
      1403 Moore St, Huntingdon, PA 16652
      View Details
    • $125,000
      15.72 Acres

      Huntingdon Land for Residential Use

      15+ acre Huntingdon County land suitable for residential or hunting.
      00 Sunny Mead Rd, Huntingdon, PA 16652
      View Details
    • $185,000
      1,360 SF

      Turn-Key Auto Service Garage

      Fully equipped auto service garage ready for immediate operation.
      113 Mount Vernon Ave, Huntingdon, PA 16652
      View Details
    • $99,225
      6.73 Acres

      Secluded Land in Huntingdon, PA

      Large, secluded lot perfect for a dream home or getaway.
      9 Longhorn Rd, Huntingdon, PA 16652
      View Details
    • $38,390
      1.00 Acre

      Wooded Lot Near Lake Raystown

      One-acre wooded lot with utilities near Lake Raystown.
      2 Raystown Reach, Huntingdon, PA 16652
      View Details
    • $289,900
      2,300 SF

      Turn-Key Bar & Apartment

      Bar/restaurant with equipment, inventory, liquor license, and upstairs apartment.
      1301 Washington St, Huntingdon, PA 16652
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    715 Washington St
    Huntingdon, PA 16652-1741
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.