280 Main StCambridge Springs, PA 16403

  • Commercial real estate
For Sale
$140,000 View listing

Property Details for 280 Main St

Property type
Commercial real estate
APN
5209
APU
5209

Description

This exceptional 7,450 square foot mixed-use building presents a unique investment opportunity in the vibrant downtown of Cambridge Springs, Pennsylvania. Built in 1948 and partially renovated in 2020, this two-story structure boasts a spacious first floor ideally suited for a restaurant or bar, featuring a kitchen with stainless steel sinks and a grease trap, two new ADA-compliant restrooms, new windows, a new 220V single-phase electric service, and a new gas forced-air furnace with electric central AC. A large warehouse/storage area with an overhead door (10'W x 9'6"H) and 11' ceilings, plus an additional interior storage area (8'W x 7'H), offers ample space for various uses. The I-beam structure may allow for an open or clear-span layout. Upstairs, a two-bedroom, one-bathroom apartment with hardwood floors, a newer gas forced-air furnace, and some new windows provides additional income potential. The second-floor storage area also offers the possibility of converting into a second apartment. The property sits on a 0.24-acre corner lot at a signalized intersection, providing convenient access and visibility. An 8-10 space parking lot is also available. The B-1 zoning allows for a wide range of uses, including retail, multi-family, office, tavern, healthcare facility, and fitness center. Recent improvements include newer rubber roofs installed in 2020 and 2016. Public utilities are available. Floor plans and a 3D tour are accessible upon request. Asking price is $140,000.

Location Insight

City
Cambridge Springs
County
Crawford
State
Pennsylvania
Latitude
41.8029
Longitude
-80.0586
CBSA code
32740
CBSA name
MEADVILLE, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,766
$4,700
$25,825
$30,525
-
$6,299
$34,433
$40,732

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