265 Croyle StSummerhill, PA 15958

Property Details for 265 Croyle St

Lot size

0.54 AC

Property type

Retail properties

Property subtype

Banks

APN

058 028161

APU

58028161

Description

This meticulously remodeled, 2,700 square foot mixed-use facility is located at 265 Croyle Street in Summerhill, Pennsylvania, Cambria County, zip code 15958. The single-story building sits on a 0.54-acre corner lot and offers over 25 parking spaces, along with drive-thru capabilities. Its convenient location is just two minutes from Route 219, ensuring easy accessibility. Previously used as a bank and more recently as a home health office, this adaptable space is perfect for a variety of businesses, including medical offices, sales outlets, or other office uses. The property includes a finished basement area, adding to its overall usable space. The asking price is $249,900, translating to $92.56 per square foot. This property presents a unique opportunity for entrepreneurs and investors seeking a versatile and well-maintained commercial space in a convenient location. The property is also available for lease.

• CAP approach

  CAP return

  Valuation

  6%

  $7,377,298

  6.5%

  $6,809,814

  7%

  $6,323,398

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,054,224

  Geo Method

  $11,851,531

• Alternative Use

  Use

  Valuation

  Residential

  $5,744,332

  Hospitality

  $5,261,778

  Educational

  $4,377,737

  Medical

  $4,528,294

  Retail

  $6,809,814

Location Insight

City

Summerhill

County

Cambria

State

Pennsylvania

Latitude

40.373

Longitude

-78.7604

CBSA code

27780

CBSA name

JOHNSTOWN, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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