Listed by Pennswood Commercial Realty, LLC
Unpriced
1609 Scalp Ave
Details
Property Type Land
Sub Type Commercial
Acreage 16.000
Land | 16 acres
Marketing description
25.0+/- Acre site perfect for Retail, Hospitality and Medical Commercial Development. Approximately 2,100′ of frontage on the most active retail route in Cambria County (Johnstown) Richland Twp. Traffic counts are listed at 25,000 cpd. The tract is located on Rte. 56 (Scalp Ave.) and is in close proximity to most of the major retail in Johnstown Pa. The site is directly adjacent to the East Hills Plaza (Olllies) on Scalp Ave.
The 8.35 Acre left tract has now been sold to Rutter’s. The right side 16.0 +/- Acre tract remains available for Lease or Sale. There is one “interior parcel” of 1.3 Acs. available at the new traffic light on Scalp.
Investment highlights
- Rutter’s opening 3/2025: 8.35 Acres.
- New Access Road (at Scalp) with 4 way signalized traffic light.
- Parcel #1: 1.39 Acs. (interior parcel – inside access rd.) Access would be at the rear of the parcel where grading lines up. Asking Price: $650k
- Parcel #2: 4.70 Acs. (tract to the right of access rd.) Access would be from the right branch of the access rd. to the parcels. Asking Price: $150k per Acre.
- Parcel’s #3: (A,B,C) 6.27 Acs. Total. Access would be from right branch of new access rd. if combined with Parcel #2. Otherwise likely a right in/right out would be permitted off Scalp for just parcel’s #3. Asking Price: $150k per Acre.
- Total Acreage of Parcels #2 & 3 = 11.0 +/- Acres.
- In no event will the developer subdivide less than 4.0 Acres of these remaining tracts.
- In addition: separate attachment will show 5.40 Acres at the corner of Scalp & Theatre Dr. (separate ownership) Access would be a right in/right out off of Scalp. and potentially full access off of Theatre Dr. (Asking Price: $150k per Acre) Seller would consider subdivision of 5.4 Acre parcels.
- Total Acreage of Parcels #2 & 3 & 5.40 piece = 16.0 +/- Acres.
Listing Contacts
Listed by Pennswood Commercial Realty, LLC
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
