835 Washington StSaint Marys, PA 15857

Property Details for 835 Washington St

Lot size

18.95 AC

Property type

Industrial properties

Property subtype

Industrial live-work properties

APN

13-13-011-7219

APU

13130117219

Description

This exceptional industrial property, located at 835 Washington St in St. Marys, Pennsylvania, offers 233,276 square feet of immediately available space within a larger 433,994 square foot building. The property boasts a desirable multi-tenant configuration, ideal for various manufacturing and warehousing operations. Built in 1953 and extensively renovated in 2020, the three-story building features impressive ceiling heights ranging from 14'6" to 24'8", providing ample vertical space. Access is facilitated by 30 dock-high doors and a single drive-in door, ensuring efficient loading and unloading. Ample parking is available with 211 spaces. The property sits on a substantial 38.68-acre lot and is served by West Penn Power. Elevators are conveniently located within the building. The property is zoned L-I Limited Industrial District and its APN is 13-13-011-7219/001551 13-13-011-7279/001553 13-13-189-9583/002272, located in Elk County, PA, zip code 15857. This prime location presents a unique opportunity for businesses seeking a well-maintained, spacious, and strategically located industrial facility in Pennsylvania. Inquire today for complete details and leasing information.

• CAP approach

  CAP return

  Valuation

  6%

  $365,328,000

  6.5%

  $337,226,000

  7%

  $313,139,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $132,055,000

  Geo Method

  $264,069,000

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $174,292,000

  Mixed-Use / Specialty

  $174,745,000

  Hospitality / Lodging

  $129,604,000

  Office

  $174,826,000

  Institutional / Educational

  $182,049,000

  Residential Income

  $212,997,000

  Multifamily

  $249,499,000

  Automotive / Energy

  $156,042,000

  Parking / Income-Based Land

  $52,786,300

  Restaurant / Food Service

  $93,180,000

  Healthcare / Senior Housing

  $178,096,000

Location Insight

City

Saint Marys

County

Elk

State

Pennsylvania

Latitude

41.4467

Longitude

-78.5577

CBSA code

41260

CBSA name

ST. MARYS, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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