15 8Th StIndiana, PA 15701

  • Investment properties
  • 2,250 SF

Property Details for 15 8Th St

Year built
1940
Lot size
0.16 AC
Property size (Sq ft)
2,250 SF
Property type
Investment properties
Property subtype
Live-work space
APN
24-001-110
APU
24001110

Description

This exceptional office suite, located at 15 S Eighth Street, Suite 102, in the heart of Indiana, Pennsylvania, presents a unique investment opportunity. Situated on a sizable 0.16-acre lot, this property offers significant potential for a variety of businesses. The suite's precise square footage is currently unavailable, however, the generous space provides ample room for comfortable operations. The address places the property in a highly visible and accessible location within the downtown area, ensuring excellent exposure and convenient access for clients and employees. The property is offered at a price to be determined, making it an attractive proposition for discerning buyers seeking a well-situated office space in a thriving Pennsylvania community. The property's location within Indiana offers easy access to local amenities, transportation routes, and a strong workforce. This presents a chance to establish a presence in a vibrant and growing market. Further details regarding the interior layout and specifications are available upon request. Serious inquiries are encouraged to explore this promising commercial real estate opportunity. The property is ready for immediate occupancy, allowing for a swift and seamless transition for new tenants. This is an ideal location for businesses seeking a prominent address in a desirable Pennsylvania town. The 0.16-acre lot offers potential for future expansion or development, adding further value to this already attractive offering.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $480,052
    6.5%
    $443,125
    7%
    $411,473
  • Comparable approach

    Method
    Valuation
    Relative Method
    $229,809
    Geo Method
    $449,865
  • Alternative Use

    Use
    Valuation
    Residential
    $549,475
    Hospitality
    $503,316
    Educational
    $418,753
    Medical
    $433,155
    Retail
    $651,394

Location Insight

City
Indiana
County
Indiana
State
Pennsylvania
Latitude
40.6226
Longitude
-79.1545
CBSA code
26860
CBSA name
INDIANA, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,700
$82,400
$700,900
$783,300
-
$82,400
$700,900
$783,300

FAQs

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