502 Main StHouston, PA 15342

Property Details for 502 Main St

Lot size

0.59 AC

Property type

Automotive properties

APN

170-006-04-15-0005-00

APU

1700060415000500

Description

This exceptional business opportunity in Houston, PA, presents a fully equipped auto body shop situated on a 0.59-acre lot at 502 N Main St. The property boasts a comprehensive array of tools and equipment, including a state-of-the-art frame machine, a dedicated paint mixing room, and a spacious paint booth ensuring efficient workflow. Ample storage space is available to manage multiple projects concurrently, maximizing operational capacity. A comfortable customer lounge enhances the client experience, fostering a positive and professional atmosphere. The shop's design prioritizes functionality and efficiency, creating a seamless operation for immediate business commencement. A significant advantage is the inclusion of upstairs living quarters, offering versatile potential. This space could generate supplemental income through rental or provide convenient on-site accommodation for the owner, streamlining business management and reducing commuting time. The property is offered at $495,000 and represents a complete, ready-to-operate business, eliminating the need for extensive setup and allowing for immediate revenue generation. This is a rare opportunity to acquire a well-established and equipped business, poised for continued growth and success in a desirable location. The property is offered as a turnkey operation, ready for immediate occupancy and business commencement. Don't miss this chance to own your own thriving business.

• CAP approach

  CAP return

  Valuation

  6%

  $7,197,002

  6.5%

  $6,643,387

  7%

  $6,168,859

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,068,396

  Geo Method

  $6,068,396

• Alternative Use

  Use

  Valuation

  Residential

  $5,603,946

  Hospitality

  $5,133,184

  Educational

  $4,270,748

  Medical

  $4,417,626

  Retail

  $6,643,387

Location Insight

City

Houston

County

Washington

State

Pennsylvania

Latitude

40.2576

Longitude

-80.2168

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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