710 Columbus AveCorry, PA 16407
- Retail properties
- 576 SF
Property Details for 710 Columbus Ave
- Year built
- 1985
- Construction
- FRAME
- Lot size
- 1.25 AC
- Property size (Sq ft)
- 576 SF
- Zone code
- C2
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 06-006-014.0-006.00
- APU
- 6006014000600
Description
This exceptional commercial property, situated on the highly trafficked Route 6 (East Columbus Avenue) in Corry, Pennsylvania, presents a compelling investment opportunity. The 2,368 square foot building features a substantial 36x54 foot warehouse equipped with three overhead doors, ideal for storage or various commercial uses. A separate sales office provides additional space for administrative functions or client interaction. The property sits on a 1.25-acre lot, with a parking area exceeding half an acre, ensuring ample space for customers and employees. Benefitting from over 346 feet of road frontage, this location boasts exceptional visibility and high traffic counts, averaging 8,838+ vehicles daily (AADT). The property's strategic location is further enhanced by its proximity to established anchor businesses including Walmart, True Value, LECOM, and the Cobblestone Hotel, creating a strong commercial environment. Previously operating as Corry Preowned Auto Sales, this versatile property is well-suited for a variety of commercial ventures. Leasing options are also available, details can be found under MLS# 181387. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $171,418
- 6.5%
- $158,232
- 7%
- $146,930
-
Comparable approach
- Method
- Valuation
- Relative Method
- $145,131
- Geo Method
- $290,217
-
Alternative Use
- Use
- Valuation
- Residential
- $133,475
- Hospitality
- $122,262
- Educational
- $101,721
- Medical
- $105,219
- Retail
- $158,232
Location Insight
- City
- Corry
- County
- Erie
- State
- Pennsylvania
- Latitude
- 41.9324
- Longitude
- -79.6191
- CBSA code
- 21500
- CBSA name
- ERIE, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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