720 E COLLEGE AVENUE
Pleasant Gap, Pennsylvania, 16823, United States
- ft²
- acres
- beds
- baths
Property Provided By
- Ryan S Lowe
- RE/MAX Centre Realty
- +1 (814) 280-2424
Connect with local buyer agents who are willing to offer commission savings!
Property Information
Prime Commercial Opportunity on 10.48 Acres with Fully Rented Duplex and Two Outbuildings. Discover a unique investment opportunity with 511 feet of highly visible College Avenue frontage, just outside the charming town of Pleasant Gap along Route 26/W College Ave. This 10.48-acre property is zoned commercial and boasts a fully rented duplex, two versatile outbuildings, and recent subdivision approval by Henry Surveys, with property taxes to be adjusted accordingly. Unit 1: Located on the first floor, featuring 2 bedrooms and 1 full bath, currently leased at $350/month. Unit 2: Located on the second floor, also with 2 bedrooms and 1 full bath, leased at $400/month. Tenants are responsible for lawn care and snow removal, with natural gas heat covered by the first-floor tenant. While there are no formal leases in place, both tenants have an agreement to sign a lease or vacate within 4 months of the property's sale, offering flexibility to the new owner. Situated near established businesses such as Sunbelt Rentals, Encompass Health, and the PennDOT Driver License Center, this location provides excellent commercial potential. All mineral rights convey with the sale. The property is currently enrolled in Clean & Green, buyer will be responsible for re-enrollment. Public sewer is available with SBWJA at buyer's expense. Seller is willing to owner finance for up to 5 years with a non-refundable deposit. This is an outstanding opportunity for commercial development or investment in a growing area. Don't miss the chance to capitalize on this rare find.
Directions
From the Nittany Mall, follow Route 26, go 3.2 miles property will be on your right after Sunbelt Rentals.
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Listing Information © 2024 BrightMLS. All Rights Reserved.
Courtesy of Ryan S Lowe, RE/MAX Centre Realty ryan@loweteam.com
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available.
This content last updated on 2024-10-08 05:02:11.
Property Provided By
- Ryan S Lowe
- RE/MAX Centre Realty
- +1 (814) 280-2424
Connect with local buyer agents who are willing to offer commission savings!
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