150 Fraley StKane, PA 16735

Property Details for 150 Fraley St

Lot size

0.21 AC

Property type

Commercial real estate

APN

09-003. -323.00.

APU

900332300

Description

This exceptional investment opportunity in Kane, Pennsylvania, presents a lucrative blend of commercial and residential income streams. The property at 150 N Fraley St. encompasses 11,190 square feet on a 0.21-acre lot and is priced at $280,000. The main building features two ground-floor commercial storefronts, generating immediate rental income. Above the storefronts, four apartments provide additional rental revenue. A fifth apartment is conveniently located in the basement. Adding to the investment potential, the sale includes two separate rental homes, expanding the portfolio and diversifying income sources. The main building boasts durable brick and metal siding, ensuring longevity and low maintenance. The roof is constructed of rubber for added protection. Ample parking is available, a significant advantage in a busy commercial area. An integral garage offers versatile use, whether for personal vehicles, commercial operations, or storage. The property's contents may be included in the sale, presenting an added bonus for the buyer. This turnkey investment is ideally situated for immediate income generation and long-term growth. The combination of commercial and residential units provides a balanced and resilient investment strategy.

• Alternative Use

  Use

  Valuation

  Residential

  $2,119,786

  Hospitality

  $1,941,712

  Educational

  $1,615,482

  Medical

  $1,671,040

  Retail

  $2,512,972

Location Insight

City

Kane

County

Mckean

State

Pennsylvania

Latitude

41.6624

Longitude

-78.8108

CBSA code

14620

CBSA name

BRADFORD, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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