629 Main StBerlin, PA 15530

Property Details for 629 Main St

Year built

1920

Construction

FRAME

Lot size

0.32 AC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

S05-021-117-000

APU

S05021117000

Description

This exceptional 5,675 square foot parcel of land, located at 629 Main St in Berlin, Pennsylvania (Somerset County, zip code 15530), presents a unique investment opportunity. Classified as Farm, Ranch, and Commercial land, this property offers significant potential for various uses. The asking price is $229,000. Situated on a sizable lot, the property's versatility allows for diverse development plans. Its prime location in Berlin, PA provides easy access to local amenities and transportation routes. The property is ideal for entrepreneurs seeking a strategic location to establish a business or for investors looking to capitalize on the growing commercial real estate market in the area. Detailed site surveys and zoning information are readily available upon request. This is a rare opportunity to acquire a substantial land holding in a desirable Pennsylvania location. The property's size and zoning classification make it suitable for a range of commercial ventures, offering a strong return on investment for the discerning buyer. Don't miss this chance to secure this valuable asset. Further information regarding the property's potential uses and development possibilities can be provided.

• CAP approach

  CAP return

  Valuation

  6%

  $3,348,804

  6.5%

  $3,091,204

  7%

  $2,870,404

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,813,156

  Geo Method

  $2,813,156

• Alternative Use

  Use

  Valuation

  Residential

  $3,833,093

  Hospitality

  $3,511,092

  Educational

  $2,921,188

  Medical

  $3,021,652

  Retail

  $4,544,070

Location Insight

City

Berlin

County

Somerset

State

Pennsylvania

Latitude

39.9208

Longitude

-78.9556

CBSA code

43740

CBSA name

SOMERSET, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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