2964 Lycoming Creek RdWilliamsport, PA 17701
- Retail properties
- 5,920 SF
Property Details for 2964 Lycoming Creek Rd
- Year built
- 1950
- Lot size
- 0.96 AC
- Property size (Sq ft)
- 5,920 SF
- Zone code
- COMM
- Property type
- Retail properties
- Property subtype
- Auto shops
- APN
- 26+,021.0-0104.00-000+
- APU
- 260210010400000
Description
This ±8,400 square foot commercial building sits on a 1.92-acre corner lot offering exceptional visibility. The property is ideally suited for a variety of uses, including retail, office, and industrial tenants, thanks to its versatile layout. The building features a showroom, a sizable garage, and ample warehouse space, catering to diverse business needs. Convenient drive-in and dock doors ensure efficient loading and unloading operations. The strategic location provides easy access to major highways, enhancing accessibility for both employees and customers. This single-tenant property presents a unique opportunity for businesses seeking a well-positioned, spacious, and functional commercial space with high visibility and convenient access to transportation networks. The substantial lot size offers ample room for expansion or future development, adding to the property's long-term value and potential. The combination of showroom, garage, and warehouse space makes this an exceptionally versatile property suitable for a wide range of commercial enterprises. This is a rare opportunity to acquire a well-maintained, strategically located commercial building in a high-traffic area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,405,292
- 6.5%
- $1,297,192
- 7%
- $1,204,536
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,362,918
- Geo Method
- $938,517
-
Alternative Use
- Use
- Valuation
- Residential
- $1,094,230
- Hospitality
- $1,002,309
- Educational
- $833,909
- Medical
- $862,589
- Retail
- $1,297,192
Location Insight
- City
- Williamsport
- County
- Lycoming
- State
- Pennsylvania
- Latitude
- 41.2843
- Longitude
- -77.0538
- CBSA code
- 48700
- CBSA name
- WILLIAMSPORT, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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