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    78 West Mill St Port Allegany, PA 16743
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    78 West Mill St, Port Allegany, PA 16743

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    • Commercial real estate
    • 0.89 lot acres
    Historic Building in Port Allegany For Lease
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    Historic Building in Port Allegany

    Two-story brick building with retail and office space for lease.

    78 West Mill Street, Port Allegany, PA 16743
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    Property ID
    US73-4452336
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Port Allegany Smoke Shop / (Bike/Boat/Book/etc) Store
    • Sagewood / Corporate Office

    Property Details for 78 West Mill St

    Lot size
    0.89 lot acres
    Property type
    Commercial real estate
    APN
    14-007. -604.00.
    APU
    1400760400

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 19, 2024 — Denephew LLC — Deed · related $160k · Citizens & Northern Bank
    Mar 1, 2024 $135,000 Denephew LLC 78 West Mill LLC Deed $199k · Citizens & Northern Bank
    Oct 13, 2021 $115,000 78 West Mill LLC 78 W Mill Street Port Allegany LLC Deed —
    Nov 19, 2018 $123,500 78 W Mill Street Port Allegany LLC Angelheart Investments LLC Deed —
    Apr 1, 2015 — Angelheart Investments LLC Adelphia Consolidation LLC Deed —

    Description

    This exceptional 16,463-square-foot, two-story office building in Port Allegany, Pennsylvania, presents a unique investment opportunity. Situated on a 0.89-acre lot directly across from the town square, this prominent location boasts high visibility on a heavily traveled road (Historic Route 6) at the corner of Mill and Main Streets. The building, over 100 years old, retains its original charm with a grand foyer and double spiral staircase, yet features modern updates including central HVAC, energy-efficient double-paned windows, updated electrical and plumbing systems, and a new wheelchair lift. ADA-compliant entrances and bathrooms ensure accessibility. The property includes ample rear parking and two large storefront retail spaces, offering flexibility for various business needs. The entire 16,463 square feet is currently available for lease. The building's location within a thriving downtown area, close to amenities such as restaurants, medical facilities (Olean Medical Group), the US Post Office, Sheetz, Rite Aid, and the Fire Department, adds to its appeal. This is the only building of its kind in McKean County, a rural area in northwestern Pennsylvania situated atop rich Marcellus and Utica Shale fields. The property offers tremendous upside potential for income generation. The zoning is commercial. The building consists of one structure with two stories.


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    Location Insight

    • Map
    • Local Demand
    City
    Port Allegany
    County
    Mckean
    State
    Pennsylvania
    Longitude
    -78.2804
    Latitude
    41.8102
    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
    $12,190
    $38,770
    $275,230
    $314,000
    -
    $38,770
    $275,230
    $314,000
    View Listing
    More about this property
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