For Sale
$2,657,958

1912 River RdNorth Apollo, PA 15613

Cash-flowing retail investment in North Apollo, PA.

Overview

Added:
Dec 11, 2024
Days on market:
113
Mid-Towne Plaza, located at 1912 River Rd, Apollo, PA 15613, presents a compelling investment opportunity in Armstrong County. This established shopping center comprises a 24,600 square foot strip center with six units, boasting 96% occupancy, and an additional 8,000 square foot outparcel. The property is offered at an asking price of $2,657,958 and generates a substantial net operating income (NOI) of $229,492, making it an attractive cash-flow investment. Situated in the heart of North Apollo, this retail center benefits from a strong tenant base and high occupancy rates, indicating a stable and profitable investment. The property's size and configuration offer flexibility for potential future development or expansion. The combination of a well-occupied main building and a sizable outparcel provides significant potential for increased revenue and return on investment. Detailed financial information is available upon request. This is a rare opportunity to acquire a thriving retail property in a desirable location. The property's strong performance and location make it an ideal addition to any investment portfolio. Serious inquiries are encouraged.

Highlights

  • 24,600 SF strip center with six units, 96% occupancy, and an 8,000 SF outparcel in Apollo, PA.
  • Asking price: $2,657,958, generating a $229,492 NOI.
  • Located in North Apollo with a strong tenant base and high occupancy.
  • Offers flexibility for future development or expansion.

Property Details for 1912 River Rd

Property type
Lifestyle centers, Power centers

Location Insight

City
North Apollo
County
Armstrong
State
Pennsylvania
Latitude
40.597026763182
Longitude
-79.556572582463
1912 River Rd, North Apollo, Pennsylvania

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1912 River Rd
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