7 Kennedy DrMcAdoo, PA 18237

Property Details for 7 Kennedy Dr

Year built

1912

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.14 AC

Property size (Sq ft)

4,096 SF

Property type

Banks

APN

49-02-0154.000

APU

49020154000

Description

This ±4,200 square foot vacant commercial building presents a unique investment opportunity in the heart of Downtown McAdoo, Pennsylvania. Located at 7 N Kennedy Dr, this two-story building, constructed in 1912, boasts a prominent street-level presence on a busy thoroughfare, ensuring high visibility to both vehicular and pedestrian traffic. The property features a desirable C1 Commercial zoning designation and includes a second-floor mezzanine space, adding versatility to potential uses. With a total of 4,200 square feet of net rentable space, the building sits on a 0.14-acre lot and offers 5 on-site parking spaces. The asking price is $199,000, translating to $47.38 per square foot. This fee simple ownership opportunity is offered in "as-is" condition. The property's central location in McAdoo, approximately five minutes south of Hazleton and within an hour's drive of both Allentown and Scranton, PA, provides convenient access to major transportation routes, including Interstate 81. This prime retail space is ideal for a variety of commercial ventures and offers significant potential for growth and return on investment.

• CAP approach

  CAP return

  Valuation

  6%

  $929,360

  6.5%

  $857,871

  7%

  $796,594

• Comparable approach

  Method

  Valuation

  Relative Method

  $791,480

  Geo Method

  $1,348,662

• Alternative Use

  Use

  Valuation

  Residential

  $723,646

  Hospitality

  $662,856

  Educational

  $551,488

  Medical

  $570,455

  Retail

  $857,871

Location Insight

City

Mcadoo

County

Schuylkill

State

Pennsylvania

Latitude

40.9023

Longitude

-75.9933

CBSA code

39060

CBSA name

POTTSVILLE, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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