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28265316
28265322

7 Prospect Ave, Galeton, PA 16922

AK
PA PA RS296148
Scope Investment Real Estate Services
ST
PA RS373219
Scope Investment Real Estate Services
Listed by Scope Investment Real Estate Services
$899,900
201 days on market
Updated 45 days ago

7 Prospect Avenue

Details
Property Type Hospitality, Mixed Use (+3)
Sub Type Apartment Building, Hotel (+1)
Square Footage 13,075
Net Rentable (SqFt) 13,075
Units 28
Price per SqFt $69
Year Built 1900
Buildings 1
Stories 3
Lot Size (SqFt) 18,295
Parking Spaces spaces

28-Room Building for Elder Care, Rehabilitation, Medical, Hospitality, Daycare, or Multifamily

Marketing description

SCOPE Commercial Real Estate Services, LLC (“SCOPE”) is pleased to present the opportunity to acquire 7 Prospect Avenue, a fully renovated 13,075-square-foot property located in the heart of Galeton, Pennsylvania, within Potter County’s primary commercial corridor along U.S. Route 6. The building features 28 rooms, including 25 units with full baths and 3 with half baths, all recently updated to a modern, turn-key condition.

Comprehensive capital improvements include three new gas furnaces, forced hot-air systems with central AC, a new roof, windows, and gutters, and fresh interior paint and carpeting throughout. The property is equipped with an operational elevator, Simplex fire alarm system, and ADA-compliant accessibility. With flexible zoning and extremely low operating expenses, this asset is well-positioned for a wide range of uses including elder care, rehabilitation housing, medical, hospitality, daycare, or multifamily lodging.

Offered at $899,900, 7 Prospect Avenue provides investors a rare opportunity to acquire a fully modernized facility in a stable, low-cost market supported by consistent regional demand and favorable zoning flexibility.

Investment highlights

  • Turn-Key 13,075 SF Building | Fully renovated with modern systems and finishes

  • 28 Total Rooms | 3 half baths and 25 full baths all remodeled across multiple layouts

  • Extensive Capital Improvements | New roof, windows, furnaces, AC, and interior upgrades

  • Operational Elevator & Fire Safety System | Simplex alarm system and ADA compliance

  • Flexible Zoning | Ideal for elder care, rehab, medical, lodging, or multifamily use

  • Value-Add Potential | Positioned for strong long-term growth within the Northern Pennsylvania market

Listing Contacts

AK
PA PA RS296148
Scope Investment Real Estate Services
ST
PA RS373219
Scope Investment Real Estate Services
Listed by Scope Investment Real Estate Services

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Additional Information

Name
Abe Khan
License
PA RS296148
Brokerage Phone
7178910836
Brokerage Address
1233 Hamilton Street
Name
Shayan Tabatabai
License
RS373219
Brokerage Phone
2153024400
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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