Main StBlakely, PA 18447

Property Details for Main St

Year built

1920

Lot size

0.30 AC

Property size (Sq ft)

4,000 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a renovated 4,000 square foot commercial building situated on a 0.3-acre lot in the vibrant town of Blakely, PA. The property boasts a prime location offering high visibility and excellent street exposure, ideal for attracting a diverse clientele. The building is comprised of three distinct commercial units on the ground floor, currently generating rental income of $1,950, $900, and $1,050 per month respectively. This provides a strong foundation for immediate cash flow and potential for future growth. Adding to the property's versatility, the second floor features two residential units, offering additional income streams or the possibility of owner-occupied space. The property includes ample parking, a significant advantage in a busy commercial area. The building has undergone renovations, ensuring modern amenities and a well-maintained structure. This presents a rare chance to acquire a multi-faceted property with strong rental income, high visibility, and significant upside potential in a desirable Pennsylvania location. The asking price is $389,900. This is a turnkey investment ready for immediate occupancy and income generation. Don't miss this opportunity to secure a valuable asset in a thriving market.

Location Insight

City

Blakely

County

Lackawanna

State

Pennsylvania

Latitude

41.4706

Longitude

-75.6085

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