553 3Rd StWilliamsport, PA 17701

Property Details for 553 3Rd St

Year built

1993

Lot size

0.33 AC

Property size (Sq ft)

1,860 SF

Zone code

COMM

Property type

Retail properties

Property subtype

Turn key restaurants

APN

69+,006.0-0305.00-000+

APU

690060030500000

Description

This exceptional 1,860 square foot office/retail space is ideally situated in the Geiger Commons, offering unparalleled visibility and accessibility. The property is a single-tenant end-cap unit within a Class B building, providing a prominent presence for your business. Enjoy the convenience of private parking, a significant advantage in a high-traffic area. The location boasts excellent proximity to major highways, ensuring seamless commutes for employees and clients alike. The space is classified as both Traditional Office and Executive Office, making it suitable for a variety of business needs. The property type is listed as Retail and Office, reflecting its versatility and potential for diverse uses. Located in Lycoming County, this property presents a unique opportunity to establish a strong business presence in a thriving commercial area. The end-cap location offers excellent street visibility, attracting potential customers and enhancing brand recognition. The combination of high traffic volume, convenient highway access, and ample private parking makes this property an attractive option for businesses seeking a strategic location with maximum exposure. This single-tenant space provides the autonomy and control necessary for a successful operation. Consider this prime location for your next business venture.

• CAP approach

  CAP return

  Valuation

  6%

  $441,528

  6.5%

  $407,564

  7%

  $378,452

• Comparable approach

  Method

  Valuation

  Relative Method

  $428,214

  Geo Method

  $294,872

• Alternative Use

  Use

  Valuation

  Residential

  $343,795

  Hospitality

  $314,915

  Educational

  $262,005

  Medical

  $271,016

  Retail

  $407,564

Location Insight

City

Williamsport

County

Lycoming

State

Pennsylvania

Latitude

41.245

Longitude

-76.9927

CBSA code

48700

CBSA name

WILLIAMSPORT, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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