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32202595
32202907

388 Elmira Street, Troy, PA 16947

ZP
NC 365507
Connolly Investments
WC
CA CA 01962332
Connolly Investments
Listed by Connolly Investments
Unpriced
34 days on market
Updated 34 days ago

Prime Development Parcel

Details
Property Type Land
Sub Type Commercial
Square Footage 15,271
Tenancy Vacant
Acreage 4.100
Investment Type Redevelopment
Ownership Fee Simple

Adjacent to New Construction McDonald's, AutoZone & Dunkin'

Marketing description

Troy, Pennsylvania serves as a primary commercial hub within Bradford County, supporting both the local population and a broad rural trade area. The subject property is strategically positioned along a key retail corridor that captures consistent daily traffic and functions as a central node for fuel, convenience, and quick-service retail.

The immediate trade area has experienced meaningful recent investment from national retailers, highlighted by newly developed locations for McDonald's, Dunkin', and AutoZone. In addition, the corridor has been further enhanced by the development of a ~15,000 square foot retail building, reinforcing the area's emergence as a concentrated retail destination and signaling continued confidence from institutional and franchise operators.

This growing cluster of national and regional tenants creates a critical mass of retail activity, driving increased traffic counts and extending customer draw from surrounding communities. The co-tenancy effect supports cross-shopping behavior and strengthens overall performance for adjacent businesses, particularly those offering daily-needs services such as fuel, food, and convenience retail.

Troy's economy is anchored by a stable mix of manufacturing, agriculture, and local commerce, providing a dependable customer base. As one of the few established retail nodes in the region, the corridor benefits from limited competition and high barriers to entry, further enhancing the long-term sustainability of existing operators.

In Association with Scott Reid & ParaSell, Inc. | A Licensed Pennsylvania Broker #RB069068

Inquiries by residents and properties owners of the State are to be made to Scott Reid.

Investment highlights

  • Compelling Value-Add Redevelopment Opportunity
  • The offering consists of a vacant structure situated on over ±3 acres, with approximately ±1 acre of excess land available for development, providing investors with a clear path to execute a redevelopment or ground-up expansion strategy to maximize site value.
  • Strategic Infill Location with Strong Retail Fundamentals
  • The property is positioned along a primary commercial corridor in Troy, PA, benefiting from established traffic patterns, strong visibility, and convenient ingress/egress.
  • Significant Recent Capital Investment in Immediate Trade Area
  • The asset is located adjacent to newly developed locations for AutoZone, Dunkin', and McDonald's, signaling retailer confidence and continued growth within the corridor.
  • Dense Concentration of National and Regional Credit Tenants
  • The surrounding retail node is anchored by established operators including Family Dollar, Kwik Trip, Dandy Mini Marts, and Dollar General, providing consistent consumer traffic and long-term stability.
  • Attractive Site Characteristics Supporting Multiple End Uses
  • The parcel's size, configuration, and surrounding tenancy make it well-suited for a range of uses including net lease retail, quick service restaurant (QSR), convenience, or service-oriented development.

Listing Contacts

ZP
NC 365507
Connolly Investments
WC
CA CA 01962332
Connolly Investments
Listed by Connolly Investments

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Additional Information

Name
Scott Reid
License
RM424379
Brokerage
ParaSell, Inc,
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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