710 Columbus AveCorry, PA 16407

  • Retail properties
  • 576 SF
For Sale
$299,900 View listing

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
710 Columbus Ave, Corry, Pennsylvania

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

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
2023
$4,848
$108,900
$41,500
$150,400
-
$108,900
$41,500
$150,400

FAQs

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