7464 Hathaway DrFairview, PA 16415
- Retail properties
- 5,208 SF
Property Details for 7464 Hathaway Dr
- Year built
- 1997
- Lot size
- 5.50 AC
- Property size (Sq ft)
- 5,208 SF
- Zone code
- B2
- Property type
- Retail properties
- Property subtype
- Other retail properties
- APN
- 21-010-011.0-098.00
- APU
- 21010011009800
Description
This exceptional Fairview, PA storefront presents a unique owner-user investment opportunity. Spanning 21,270 square feet across a 5.5-acre lot (APN 21-010-011.0-098.00), this property boasts 10 buildings and is zoned B-2 & R-2. Currently vacant, this established greenhouse business offers a turnkey operation with a strong track record of profitability, even during challenging economic periods. The asking price is $545,000 ($25.62/sq ft). The sale includes goodwill, established customer contacts (including commercial clients) from a wide geographic area (Pittsburgh, Ohio, and beyond). Inventory and equipment are sold separately. This highly sought-after location provides significant growth potential for a new owner. The seller is retiring after decades of success. This is a rare chance to acquire a well-established business and valuable real estate in a prime location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,377,271
- 6.5%
- $1,271,327
- 7%
- $1,180,518
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,227,634
- Geo Method
- $1,227,634
-
Alternative Use
- Use
- Valuation
- Residential
- $1,072,412
- Hospitality
- $982,323
- Educational
- $817,281
- Medical
- $845,389
- Retail
- $1,271,327
Location Insight
- City
- Fairview
- County
- Erie
- State
- Pennsylvania
- Latitude
- 42.0473
- Longitude
- -80.2687
- 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
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