7 Kennedy DrMcAdoo, PA 18237
- Retail properties
- 4,096 SF
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
- Retail properties
- Property subtype
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
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