Property Attributes
- MLS#PANU2001362
- TypeCommercial
- CountyNORTHUMBERLAND
- CityShamokin
- AreaJackson Twp
- Zip17872
- StyleApartment Building
- Year Built1900
- Taxes$ 5790
- Price$ 449,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4500
Data Source:
Bright MLS
Property Description
Investor Alert: Unique Mixed-Use Opportunity Nestled in the heart of downtown Shamokin, Pennsylvania, this exceptional investment opportunity is now available for a discerning investor. We are presenting a 49-unit building that uniquely combines both residential and commercial elements, offering an expansive retail space on the ground floor. This property stands in a prime downtown location, maximizing both visibility and accessibility. The building features a strategic blend of 49 residential units and a substantial ground-floor retail space. Its modern architectural design ensures spacious living areas for residents and an inviting commercial environment for businesses. This mixed-use property not only provides a diversified income stream but also significantly reduces vacancy risks, enhancing the overall return on investment. The property's prime location in a bustling downtown area guarantees high foot traffic, making it an ideal spot for retail businesses. The growing population and economic development in Shamokin indicate a rising demand for both housing and commercial space, suggesting a promising future for this investment. Additionally, the property offers the potential for further value addition through strategic renovations and rebranding efforts. Priced competitively with an attractive cost per unit, this investment promises a substantial return on investment with proper management. This mixed-use property presents a rare opportunity for investors seeking to capitalize on the thriving Shamokin community. With its combination of residential and commercial utility, prime location, and potential for high returns, it stands as an unmissable opportunity for those looking to expand their portfolio. This property is being sold **AS-IS**. The buyer is responsible for all repairs & inspections, including but not limited to certificate of occupancy and fire inspection. Certain information contained herein is derived from information provided by other parties. All information provided is deemed reliable but is not guaranteed and should be independently verifiedbuyer to perform due diligence.
Price History | |
---|---|
2/24/2024 | Listed $499,900 |
5/7/2024 | 11% - $449,900 |
General Features
Sewer | Public Sewer |
---|---|
Heating | None |
Cooling | None |
Possession | Settlement |
Zoning | COMMERCIAL |
Construction Materials | Brick |
Year Built | 1900 |
Property SubType | Mixed Use |
Tax Year | 2022 |
Percent Ownership | Fee Simple |
Cool Fuel | None |
Business Type | Apartment Building,Other |
Accessibility | None |
County | NORTHUMBERLAND |
New Construction | No |
Property Type | Commercial Sale |
Water Access Y/N | No |
Status | ACTIVE |
Directions | From PA-61 / State Route 61 Turn right onto PA-61 / State Route 61 Turn left onto 9th st Turn right onto E Independence St Follow GPS |
ModificationTimestamp | 2024-05-17T14:02:29 |
City | SHAMOKIN |
Buyer Agent Compensation | 2.5 |
MLS Area | Jackson Twp (14106) |
Lot Size Square Feet | 0.00 |
Tax Assessed Value | 45600.0 |
Waterfront Y/N | No |
Street Name | INDEPENDENCE |
Tax Annual Amount | 5790.0 |
Price Per Sq Ft Total | 12.82 |
Vacation Rental Y/N | No |
Days on Market | 84 |
Standard Status | Active |
Year Built Source | Estimated |
Tax Lot | 238 |
Buyer Agent Compensation Type | % Of Gross |
Interior Features
Heating Fuel | None |
---|---|
Hot Water | None |
Heating Y/N | Yes |
Street Suffix | STREET |
Central Air Y/N | No |
Exterior Features
Water Source | Public |
---|---|
Type of Parking | On Street |
Land Use Code | 4000 |
Water View Y/N | No |
Building Area Total | 35100.00 |
Lot Dimensions | 0.00 x 0.00 |
Lot Size Acres | 0.00 |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Land Assessed Value | 21500.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool