8 Main StAshley, PA 18706

Property Details for 8 Main St

Lot size

0.54 AC

Property type

Retail properties

Property subtype

Auto shops

APN

20-L9S7-002-07A

APU

20L9S700207A

Description

This 2,000 square foot commercial property located at 8 Main Street in Ashley, PA presents a unique opportunity. The building features a substantial two-car garage equipped with two 14-foot high automatic garage doors, ideal for various commercial uses requiring ample vehicle access or storage. The interior boasts impressive ceiling heights of approximately 16 feet, providing a sense of spaciousness and versatility. A convenient bathroom is included, along with a dedicated office space. Above the office, a small mezzanine level offers additional storage or potential for expansion. The property is climate-controlled, featuring both heating and air conditioning systems for year-round comfort. The absence of acreage indicates the property is situated on a lot suitable for commercial use, offering easy access and visibility. This versatile space is perfect for a range of businesses seeking a functional and well-maintained building in a convenient location. The property's size and features make it suitable for various commercial ventures, from workshops and storage facilities to light industrial operations or retail businesses requiring ample space and high ceilings. The combination of garage space, office, and mezzanine provides a flexible layout adaptable to diverse needs. Serious inquiries are encouraged to explore the potential of this prime Ashley, PA commercial property.

• CAP approach

  CAP return

  Valuation

  6%

  $5,337,012

  6.5%

  $4,926,473

  7%

  $4,574,582

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,545,213

  Geo Method

  $7,744,929

• Alternative Use

  Use

  Valuation

  Residential

  $4,155,664

  Hospitality

  $3,806,566

  Educational

  $3,167,018

  Medical

  $3,275,937

  Retail

  $4,926,473

Location Insight

City

Mountain Top

County

Luzerne

State

Pennsylvania

Latitude

41.1625

Longitude

-75.8845

CBSA code

42540

CBSA name

SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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