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.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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