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10367921
10367920

502 Main St, Ford City, PA 16226 For Sale

JS
PA PA AB069407
REAL of Pennsylvania
Listed by REAL of Pennsylvania
$975,000
1229 days on market
Updated 60 days ago

Prime Strip Center Available

Details
APN 154-07-07-54
Property Type Retail
Sub Type Storefront, Shopping Center
Square Footage 4,800
Net Rentable (SqFt) 4,800
Units 4
Cap Rate 4.98%
NOI $48,560
Occupancy 85%
Tenancy Multi
Brand/Tenant Subway
Lease Type NN
Remaining Term 7
Price per SqFt $203
Broker Co-Op Yes
Class A
Year Built 1990
Buildings 1
Stories 1
Acreage 0.400
Zoning Commercial
Parking Spaces 15 spaces
Parking per 1,000 SqFt 3.12
Investment Type Stabilized
Tenant Credit Credit Rated
Ground Lease No

Excellent cash flow

Marketing description

Welcome to the Prime Commercial Property located at 502 Main Street, Ford City, PA 16226. This exceptional property offers an incredible opportunity to own a fully rented 4,800 sq. ft. retail center. Also included are 3 rented houses. With approximately 145' of frontage on a .20 acre lot, this property is strategically positioned at a redlight on the bustling Business RT 66. Convenience and visibility are key features of this property, allowing for drive-through ability and capturing the attention of passing traffic. Situated across the street from the Sheetz convenience store, this property benefits from its prime location in the heart of Ford City. And with an aerial view that showcases its prominent position, this property promises untapped potential for your investors. All the properties have long term tenants making this a very stable investment. While we believe the information provided is reliable, it is subject to possible errors, omissions, changes in price, lease or financing. We encourage you to conduct your own investigation.

Investment highlights

Fantastic opportunity to purchase an excellent strip center.. Located on a signalized corner across from Sheetz. Rents could be increased. National and local chains as tenants

INCLUDES 3 RENTED HOUSES WITH PROPERTY

NOW FULLY LEASED!! CASH COW

Listing Contacts

JS
PA PA AB069407
REAL of Pennsylvania
Listed by REAL of Pennsylvania

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$48,560.00
$4,046.67/mo

Valuation Metrics

0
DSCR
4.98%
Cap Rate
4.98%
ROI

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Additional Information

Name
Jim Schons
License
PA AB069407
Brokerage
REAL of Pennsylvania
Brokerage Phone
4129990722
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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