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16709 Conneaut Lake Rd 3,781 SF 50% Leased Office Building Meadville, PA 16335 $395,000 ($104.47/SF)
Investment Highlights
- Prime location near Starbucks, Burger King, T J Max, MMC, Walmart and I-79
- Seperate office for rental income or use as one.
- High traffic volume
Executive Summary
Exceptional high-traffic, highly visible location near TJ Max, Chipotle, Starbucks, Burger King, MMC, Walmart, and I-79. These two attached commercial buildings offer incredible versatility and are presently occupied by two separate businesses (owner occupies one, leases the other). The property features professional office spaces, extensive parking, and a large attached garage/storage area. Equipped with public water/sewer (1 meter), 1 electric meter (200-amp service), 2 gas meters, and 2 HVAC systems. Perfect for a business looking to relocate or start-up with additional rental income or an investor looking for commercial tenants.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
3,781 SF
Building Class
C
Year Built
1981
Price
$395,000
Price Per SF
$104.47
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,781 SF
Building FAR
0.17
Lot Size
0.50 AC
Zoning
Conneaut Corridor - Multiple commercial uses.
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Crawford County Convention And Visitors Bureau
- Services
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- Kevin C Maziarz Insurance Agency Inc
- Finance and Insurance
- -
- -
- -
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- Finance and Insurance
- -
- -
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State Farm began in Illinois in 1922, when G.J. Mecherle founded the business around fairer auto insurance pricing for farmers. The company operates as a mutual insurer and has grown into a broad financial services firm. State Farm offers auto, home, renters, condo, life, health, disability, pet, commercial, and small business insurance, along with related financial products and services. The company maintains a significant U.S. market presence through an agent-based model and a long-running focus on helping customers manage everyday risks and recover from losses.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Crawford County Convention And Visitors Bureau | Services | - | - | - | ||
| Kevin C Maziarz Insurance Agency Inc | Finance and Insurance | - | - | - | ||
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Finance and Insurance | - | - | - |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 65-0-051835 | Improvements Assessment | $23,300 |
| Land Assessment | $18,200 | Total Assessment | $41,500 |
Property Taxes
Parcel Number
65-0-051835
Land Assessment
$18,200
Improvements Assessment
$23,300
Total Assessment
$41,500
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Contact the Sale Advisor
16709 Conneaut Lake Rd