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153 W Pennsylvania Ave - Starlite MHP 3.5 Acres of Commercial Land Offered at $650,000 in New Stanton, PA 15672

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INVESTMENT HIGHLIGHTS

  • CAN PURCHASE HOME NEXT DOOR FOR ADDING AN ADDITIONAL 1.2 ACRES TO THE SITE
  • LEVEL PROPERTY, EASY TO DEVELOP
  • CURRENTLY 10 TENANTS PAY RENT

EXECUTIVE SUMMARY

New Stanton offers a promising market for new ventures. Don't miss this 3 acre parcel to purchase in a high-traffic location with endless possibilities for growth and success.Across the Attached please find the corrected commission statement in accordance with the attached original listing agreement with the sellers. Please change the settlement statement to reflect the payee for the commission which we are due. I have also included wiring instruction for our commission. Call me with any questions or concerns. from a very busy Cracker Barrel RestaurantTake advantage of the area's growth due to the nearby NEW Amazon warehouse.House next door can be purchased adding 1.2 acres to the development project

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL ANNUAL PER AC
Gross Rental Income $47,700 $13,628.57
Other Income - -
Vacancy Loss - -
Effective Gross Income $47,700 $13,628.57
Taxes $3,841 $1,097.43
Operating Expenses - -
Total Expenses $3,841 $1,097.43
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income
Annual $47,700
Annual Per AC $13,628.57
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual $47,700
Annual Per AC $13,628.57
Taxes
Annual $3,841
Annual Per AC $1,097.43
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $3,841
Annual Per AC $1,097.43
Net Operating Income
Annual -
Annual Per AC -

PROPERTY FACTS

Price $650,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Carwash
  • Convenience Store
  • Department Store
  • Drugstore
  • Manufactured Homes or Mobile Home Park
  • Restaurant
  • Self Storage
  • Single Family Development
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Supermarket
Total Lot Size 3.50 AC
Zoning B-1 - General Business District

1 LOT AVAILABLE

Lot

Price $650,000
Price Per AC $185,714.29
Lot Size 3.50 AC

Starlie Mobile Home Park at 153 W Pennsylvania Ave, New Stanton, PA 15672 presents an exceptional investment opportunity in a prime location. Priced at $679,900, this 3.5-acre property is located at the New Stanton exit off I-70, offering incredible

DESCRIPTION

Starlie Mobile Home Park at 153 W Pennsylvania Ave, New Stanton, PA 15672 presents an exceptional investment opportunity in a prime location. This 3.5-acre property is located at the New Stanton exit off I-70, offering incredible visibility to over 75,000 daily passing vehicles. Currently operating as a mobile home park with 23 pads, this flat parcel is ripe for redevelopment into various businesses, taking advantage of the area's growth due to the nearby NEW Amazon warehouse. The property allows for diverse business possibilities such as a truck stop, car wash, gas station, or restaurant. Additionally, the option to purchase the adjacent property for an extra 1.2 acres provides even more development potential. With a growing population and median income of $65.7k, New Stanton offers a promising market for new ventures. Don't miss this chance to invest in a high-traffic location with endless possibilities for growth and success. THERE ARE 13 UNITS ON THE PROPERTY. 10 TENANTS ARE PAYING RENT, THE OTHER 3 ARE VACANT AND OWNED BY THE SELLERS, ANNUAL GROSS INCOME IS $47,000.00

  • Listing ID: 31466275

  • Date on Market: 4/10/2024

  • Last Updated:

  • Address: 153 W Pennsylvania Ave, New Stanton, PA 15672

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