201 Erie StLinesville, PA 16424
- Mixed-use properties
- 0.58 AC
Property Details for 201 Erie St
- Lot size
- 0.58 AC
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 14459
- APU
- 14459
Description
This exceptional 2,360-square-foot retail property, formerly a PNC Bank branch, presents a unique investment opportunity in Linesville, Pennsylvania. Located at 201 E Erie St, this single-story, 1976-built building sits on a 0.58-acre lot and boasts a convenient C-2 zoning designation. The property is currently vacant and offers significant potential for a variety of uses. Key features include a well-maintained structure, a canopy with three drive-thru lanes, and ample parking with 27 spaces. The asking price is $99,000, translating to $41.95 per square foot. The property's address is 201 E Erie St, Linesville, PA 16424, and its parcel number is 30-0-014459. The building consists of one unit and is owned by PNC Bank. This property is ideal for financial institutions or businesses seeking a high-visibility location with existing infrastructure. Serious inquiries are encouraged to explore the possibilities of this versatile commercial space. The property is ready for immediate occupancy.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,545,172
- 6.5%
- $4,195,543
- 7%
- $3,895,861
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,363,288
- Geo Method
- $2,363,288
-
Alternative Use
- Use
- Valuation
- Residential
- $5,202,473
- Hospitality
- $4,765,438
- Educational
- $3,964,788
- Medical
- $4,101,143
- Retail
- $6,167,448
Location Insight
- City
- Linesville
- County
- Crawford
- State
- Pennsylvania
- Latitude
- 41.6566
- Longitude
- -80.4196
- CBSA code
- 32740
- CBSA name
- MEADVILLE, PA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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