980 Pennsylvania 31
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980 Pennsylvania 31
3,100 SF Vacant Retail Building Tarrs, PA 15688 $399,000 ($129/SF) 2.10% Cap Rate
Investment Highlights
- Located near industrial parks.
- Long standing tenant.
Executive Summary
Post Office signed on for 5 more years (as of May 2022), two upstairs apartments vacant and available. Price is negotiable.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,100 SF
Building Class
C
Year Built/Renovated
1955/1969
Price
$399,000
Price Per SF
$129
Cap Rate
2.10%
NOI
$8,361
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Land Acres
1.10 AC
Zoning
AG - Agricultural zoning
Parking
10 Spaces (3.23 Spaces per 1,000 SF Leased)
Frontage
156 FT on Pennsylvania 31
Amenities
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 47-07-02-0-024 | Improvements Assessment | $34,990 |
| Land Assessment | $5,630 | Total Assessment | $40,620 |
PROPERTY TAXES
Parcel Number
47-07-02-0-024
Land Assessment
$5,630
Improvements Assessment
$34,990
Total Assessment
$40,620
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William Costelnock - William Costelnock
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980 Pennsylvania 31
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