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Property profile & analytics
OFF-MARKET
Industrial properties

844 Main St Ext Punxsutawney, PA 15767

12,000 SF 2.24 ac lot Built 1975
Individually Owned 4-yr Hold Free & Clear
Property ID
US73-4789834
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1975
Total area 12,000 SF
Lot 2.24 ac (97,574 SF)
APN 42-565-0148-P
UPID US73-4789834
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
Current use
Occupant on record · Public records
  • SOLO DISCOUNT MERCHAN Discount Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Firetree Ltd · 4 yrs held
Firetree Ltd
since 2022
Last sale
$495,000
3 recorded transactions
2022
$495,000
2020
$75,000
2015
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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