505 Main StMontrose, PA 18801

Property Details for 505 Main St

Lot size

0.04 AC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

124.13-3,021.00,000.

APU

12413302100000

Description

Prime Montrose, PA retail space at 505 S South Main Street is available for $165,000. This 1,430 square foot commercial property includes a well-established, turn-key business with over 25 years of operational history. The sale includes all inventory, equipment (shelving, electronics, security system, HVAC systems, freezers), customer lists, and goodwill. The current location underwent renovations in 2021, featuring an accessible entryway and restroom. The property is situated in a leased space with favorable terms extending through 2027, providing immediate operational continuity for the new owner. This presents a unique opportunity to acquire an established business with a proven track record in a desirable location within the scenic downtown Montrose area. The business has served the community for over two decades, offering a strong foundation for continued success. This is an exceptional opportunity for an entrepreneur seeking an established business with significant assets included in the sale price. The property is located in Susquehanna County, PA, zip code 18801. The sale price includes all fixtures and equipment, minimizing the initial investment required to begin operations.

• CAP approach

  CAP return

  Valuation

  6%

  $303,439

  6.5%

  $280,098

  7%

  $260,091

• Comparable approach

  Method

  Valuation

  Relative Method

  $152,626

  Geo Method

  $227,610

• Alternative Use

  Use

  Valuation

  Residential

  $347,321

  Hospitality

  $318,144

  Educational

  $264,692

  Medical

  $273,796

  Retail

  $411,744

Location Insight

City

Montrose

County

Susquehanna

State

Pennsylvania

Latitude

41.8328

Longitude

-75.879

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].