313 Greeve StConemaugh, PA 15909

Property Details for 313 Greeve St

Year built

1900

Lot size

0.05 AC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

022 016286

APU

22016286

Description

This exceptional commercial property, located at 313 Greeve Street in Conemaugh, Pennsylvania, presents a unique investment opportunity. Currently listed for auction with a minimum starting bid of just $10,000, this substantial brick building boasts a prominent storefront, ideal for a variety of retail ventures. The property sits on a conveniently sized 0.05-acre lot, offering ample space for both customer access and potential expansion. The building's substantial size (exact square footage to be determined) provides significant interior space, ready for customization to suit the needs of a new owner. The property's prime location within Conemaugh Borough ensures high visibility and accessibility for potential customers. This is a rare chance to acquire a well-situated commercial building at an incredibly attractive price point. The online auction will commence on Friday, January 10th, 2024, at 6:00 PM. Don't miss this opportunity to own a piece of Conemaugh's thriving commercial landscape. Serious inquiries are encouraged to participate in the upcoming auction. All interested parties are advised to conduct their own due diligence prior to bidding. The property is being offered "as is."

• CAP approach

  CAP return

  Valuation

  6%

  $422,446

  6.5%

  $389,950

  7%

  $362,096

• Comparable approach

  Method

  Valuation

  Relative Method

  $202,232

  Geo Method

  $395,881

• Alternative Use

  Use

  Valuation

  Residential

  $483,538

  Hospitality

  $442,918

  Educational

  $368,503

  Medical

  $381,176

  Retail

  $573,226

Location Insight

City

Conemaugh

County

Cambria

State

Pennsylvania

Latitude

40.3463

Longitude

-78.8847

CBSA code

27780

CBSA name

JOHNSTOWN, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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