121 E MAIN ST Active Save Request In-Person Tour Request Virtual Tour
Lock Haven,PA 17745
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 23,554 sqft
Price per Sqft $9
MLS Listing ID WB-100797
Year Built 1901
Annual Tax Amount $8,387
Lot Size 6 Sqft
Property Description
Call Larry Ross to tour at 570-506-6652. Over 23,000 sf of mixed use in the heart of downtown, large retail (former gym) on ground floor, part of second, part of third, plus nine gutted apartments. 2nd and 3rd floor have room to add five more apartments for a total of 14. Great potential - keep ground floor for hard-to-find Main St retail space (true!), room for six spaces, including two with street windows, and develop all three upper floors for apartments. Concrete post and beam, concrete floors, so good clear span spaces. Lighted walkway alongside building to large city parking lot behind on Water Street. Severe fixer upper, so bring deep pocketed investor or contractor with good bank relationship. Potential 12% cap rate at $1.3M finished??
Location
State PA
County Clinton
Area Clinton County
Zoning C201
Interior
Heating Natural Gas
Cooling None
Flooring Concrete
Exterior
Parking Features None
Roof Type Flat
Building
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Structure Type Brick,Post & Beam
Others
Acceptable Financing See Remarks,Cash,Conventional,Seller 2nd Mortgage
Listing Terms See Remarks,Cash,Conventional,Seller 2nd Mortgage