29 Union StTremont, PA 17981

Property Details for 29 Union St

Year built

1920

Construction

WOOD FRAME

Lot size

0.10 AC

Property size (Sq ft)

2,572 SF

Property type

Retail properties

Property subtype

Gas stations

APN

67-04-0291.001

APU

67040291001

Description

This exceptional commercial property at 29 Union Street in Tremont, PA presents a rare opportunity for an entrepreneur. Spanning 2,376 square feet on a 0.1-acre lot, this well-established auto repair shop and inspection station has thrived for over four decades. The current owner is retiring, making this a turnkey business opportunity. The sale includes two parcels, ensuring ample parking for customers with a dedicated parking lot situated across the street. The main building boasts two large overhead doors, perfect for easy vehicle access, along with a functional office space for administrative tasks. Two four-post lifts are included, significantly enhancing operational efficiency, and there's substantial workbench space for various repair needs. The property's history of success speaks for itself, offering a strong foundation for a new owner to build upon. The seller is open to selling the garage and lot separately, however, the lot will only be sold with the garage. This is a unique chance to acquire a profitable, established business with significant potential for growth in a desirable location. Serious inquiries are encouraged to schedule a private viewing and explore this exciting prospect. The asking price for the entire property is $79,900.

• CAP approach

  CAP return

  Valuation

  6%

  $583,573

  6.5%

  $538,682

  7%

  $500,205

• Comparable approach

  Method

  Valuation

  Relative Method

  $496,994

  Geo Method

  $846,865

• Alternative Use

  Use

  Valuation

  Residential

  $454,399

  Hospitality

  $416,227

  Educational

  $346,296

  Medical

  $358,206

  Retail

  $538,682

Location Insight

City

Tremont

County

Schuylkill

State

Pennsylvania

Latitude

40.6283

Longitude

-76.3852

CBSA code

39060

CBSA name

POTTSVILLE, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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