201 Erie StLinesville, PA 16424

Property Details for 201 Erie St

Lot size

0.58 AC

Property type

Investment properties

Property subtype

Live-work space

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.

• 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

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