700 Main StPuritan, PA 15946

Property Details for 700 Main St

Year built

1984

Lot size

0.31 AC

Property type

Outlet malls

APN

046 026379

APU

46026379

Description

This exceptional retail property, located at 700 Main Street in Portage, Pennsylvania, presents a unique investment opportunity. The building, previously occupied by a Dollar General, offers a prime location within Cambria County, boasting convenient access and high visibility on Main Street. The property's classification is Retail, specifically a Grocery Store subtype, making it ideally suited for a variety of commercial uses. The building's size and layout are not specified, however, the address is verified as 700 Main St, Portage, PA 15946, with GPS coordinates of 40.3863139 latitude and -78.673247 longitude. The property is situated in the city of Portage, within Puritan, Pennsylvania, and falls under the Cambria County jurisdiction. This presents a rare chance to acquire a well-situated retail space in a thriving community. The property is available for both sale and lease, offering flexibility to potential buyers and tenants. Interested parties are encouraged to inquire for further details regarding pricing and lease terms. The property's history as a successful grocery store suggests strong potential for future success. This is a turnkey opportunity for an established business or a new venture seeking a strategic location in a well-established market. The property's address is confirmed as 700 Main St, zip code 15946.

• CAP approach

  CAP return

  Valuation

  6%

  $4,191,718

  6.5%

  $3,869,278

  7%

  $3,592,901

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,439,958

  Geo Method

  $6,733,939

• Alternative Use

  Use

  Valuation

  Residential

  $3,263,881

  Hospitality

  $2,989,697

  Educational

  $2,487,393

  Medical

  $2,572,938

  Retail

  $3,869,278

Location Insight

City

Portage

County

Cambria

State

Pennsylvania

Latitude

40.3864

Longitude

-78.6733

CBSA code

27780

CBSA name

JOHNSTOWN, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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