103 Gilpin StPunxsutawney, PA 15767

Property Details for 103 Gilpin St

Lot size

0.29 AC

Property type

Commercial real estate

APN

21-001-0225

APU

210010225

Description

This exceptional turn-key investment opportunity presents a well-maintained office building located at 103 N Gilpin St, Punxsutawney, PA. The property boasts over 20 units, the majority of which are currently leased to long-term tenants, providing immediate and consistent cash flow. This translates to a stable and reliable income stream for the discerning investor. The building features convenient amenities designed for both tenants and visitors, including two public restrooms and a dedicated parking lot, ensuring ample parking for occupants and guests. Furthermore, an elevator is installed, enhancing accessibility throughout the building. The property sits on a 0.15-acre lot, providing a manageable footprint for maintenance and operations. The asking price for this lucrative investment is $385,000. This represents a significant opportunity to acquire a well-established, income-producing asset in a desirable location. The high occupancy rate and long-term leases minimize vacancy risk, making this an attractive proposition for investors seeking a stable and profitable investment in the commercial real estate market. Detailed financial information and tenant lease agreements are available upon request. This is a rare opportunity to acquire a turnkey office building with a proven track record of success. Don't miss out on this chance to secure a valuable addition to your investment portfolio.

• Alternative Use

  Use

  Valuation

  Residential

  $3,077,059

  Hospitality

  $2,818,570

  Educational

  $2,345,017

  Medical

  $2,425,666

  Retail

  $3,647,804

Location Insight

City

Punxsutawney

County

Jefferson

State

Pennsylvania

Latitude

40.9438

Longitude

-78.973

Property Tax & Assessments

FAQs

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