411 Main StFord City, PA 16226

Property Details for 411 Main St

Year built

1984

Lot size

0.32 AC

Property size (Sq ft)

3,136 SF

Zone code

COMMERCIAL/CONSERVATION

Property type

Retail properties

Property subtype

Other car washes

APN

14-0-007352

APU

140007352

Description

This established Ford City, PA auto shop, located at 411 Main St, presents a compelling investment opportunity. The 4,200 square foot building, constructed in 1984, sits on a 0.32-acre lot at a high-traffic, four-way intersection. Boasting excellent visibility and accessibility, the property benefits from an average daily traffic count exceeding 10,923 vehicles. The six-bay car wash includes two automatic and four manual bays, with most equipment functional and included in the sale. Priced at $240,000 ($57.14/sq ft), this property offers significant potential for continued operation as a car wash, conversion to alternative automotive uses, or other entrepreneurial ventures. The sale is "as is." This prime retail space in the heart of Ford City presents a rare chance to acquire a well-situated, established business in a thriving community. The property's location on Main Street ensures high visibility and convenient access for customers. The included equipment provides a solid foundation for immediate operation or future expansion. The substantial lot size offers ample space for potential improvements or expansion. This is an exceptional opportunity for investors seeking a turnkey business or a property with significant redevelopment potential.

• CAP approach

  CAP return

  Valuation

  6%

  $983,556

  6.5%

  $907,898

  7%

  $843,048

• Comparable approach

  Method

  Valuation

  Relative Method

  $807,161

  Geo Method

  $1,580,070

• Alternative Use

  Use

  Valuation

  Residential

  $765,846

  Hospitality

  $701,511

  Educational

  $583,649

  Medical

  $603,721

  Retail

  $907,898

Location Insight

City

Ford City

County

Armstrong

State

Pennsylvania

Latitude

40.7652

Longitude

-79.5278

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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