892 Stoystown Rd Somerset, PA 15501-6800
This exceptional mixed-use office building, located at 892 Stoystown Rd, Somerset, Pennsylvania 15501, presents a compelling investment opportunity. The 6,860 square foot property, built in 1983, sits on a 2.53-acre lot and features three existing units, each with a separate entrance. Two units are currently leased, generating immediate income. The building's design allows for the potential creation of three additional units, significantly increasing rental revenue. Ample parking is available, along with a dedicated garage suitable for storage or business use. The property benefits from a high-traffic location, with PennDOT statistics indicating 31,000 cars passing daily. The building is well-maintained and has undergone numerous updates over the years. The asking price is $450,000, translating to $65.60 per square foot. This single-story building offers a rare blend of immediate income potential and future expansion possibilities, making it an attractive investment for owner-users or investors seeking a strong return. The property's prime location and versatile layout make it ideal for a variety of commercial uses. This is a turnkey opportunity to acquire a well-established and profitable commercial property in a thriving area.
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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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.