167 Main StSaegertown, PA 16433

  • Other commercial real estate
  • 5.29 AC
For Sale
$2,100,000 View listing

Property Details for 167 Main St

Lot size
5.29 AC
Property type
Other commercial real estate
APN
32649
APU
32649

Description

This 53,000 square foot commercial property located at 167 MAIN Street, Saegertown, PA, sits on a 5.29-acre lot and is offered at $2,100,000. The building has undergone extensive renovations, including a brand new roof, structural support improvements, complete electrical and plumbing upgrades. The interior has been 95% renovated and thoroughly cleaned. Multiple businesses occupy the space, all with long-term leases, providing a stable income stream. The property boasts a freshly paved and striped front parking lot, significantly enhancing its appeal and functionality. A key feature is the recently completed climate-controlled storage units, which are fully rented and have a waiting list, generating additional revenue. Further improvements to the building and parking lot are planned for the spring, adding even more value. This high-traffic location offers excellent marketing potential, making it an exceptional investment opportunity with significant return potential. The property's combination of established businesses, new storage units, and recent renovations makes it a rare find in the Saegertown market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $47,449,684
    Hospitality
    $43,463,656
    Educational
    $36,161,252
    Medical
    $37,404,892
    Retail
    $56,250,836
167 Main St, Saegertown, Pennsylvania

Location Insight

City
Saegertown
County
Crawford
State
Pennsylvania
Latitude
41.7134
Longitude
-80.1449
CBSA code
32740
CBSA name
MEADVILLE, PA MICROPOLITAN 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
2024
$7,590
$18,549
$73,900
$92,449
-
$24,733
$98,550
$123,283

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