844 Main St Ext Punxsutawney, PA 15767
This vacant, 15,115-square-foot industrial building presents a compelling investment opportunity in Punxsutawney, Pennsylvania. Located at 844 South Main Street Extension, this single-story, Class C property sits on a 2.23-acre lot and boasts 50 parking spaces. Built in 1975 and renovated in 2000, the building features four loading docks with four dock-high doors, providing efficient access for loading and unloading. The interior offers a 15-foot ceiling height, ample storage space, a freezer area, and two restrooms. The property is zoned for industrial use, allowing for a variety of potential applications. The asking price is $199,000, translating to $13.14 per square foot. Conveniently located in a business and industrial area just outside Punxsutawney in Young Township, this property benefits from excellent visibility and accessibility. Public utilities are readily available, and the property features an open threshold concrete dock on the side of the building. The building's structural components include 20x20 steel columns. The property's location offers easy access to major transportation routes, with a daily traffic count of 4,822 vehicles. This is a rare opportunity to acquire a well-maintained industrial property with immediate occupancy in a desirable location. The APN is 42-518-0148. The ownership structure is corporate.
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SOLO DISCOUNT MERCHAN Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.