502 Main St
Ford City, PA 16226
Retail Property For Sale
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INVESTMENT HIGHLIGHTS
- Located on a signalized corner across from Sheetz.
- Additional acreage can be purchased for expansion
- Rents could be increased. National and local chains as tenants
EXECUTIVE SUMMARY
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 4,800 sq. ft. retail center with the option to convert into 3 or 4 units. With approximately 145' of frontage on a .20 acre lot, this property is strategically positioned at a red light 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. Enhancing the value of this property, there is an option to purchase three surrounding houses for an additional $375,000, offering a potential expansion opportunity. 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 business. 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. Contact us at www.founditpgh.com or call 412-999-0722 to explore the possibilities of making this property yours. Don't miss out on the opportunity to own this prime commercial property in Ford City!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,100 SF
Building Class
B
Year Built
2004
Price
$590,000
Price Per SF
$116
Cap Rate
8.15%
NOI
$48,056
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.60 AC
Zoning
V - Village Zone
Parking
30 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
210 FT on Main Street
PROPERTY TAXES
Parcel Number | 29-0-021245 | Improvements Assessment | $70,420 |
Land Assessment | $78,540 | Total Assessment | $148,960 |