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275 Main St 6,090 SF 100% Leased Retail Building Saegertown, PA 16433 $445,000 ($73.07/SF) 10.41% Cap Rate
INVESTMENT HIGHLIGHTS
- 3 Commercial Units and 2 apartments, fully occupied make this an excellent investment opportunity!
- Prime, highly visible Saegertown location on corner lot.
- Lots of parking for tenants and customers
EXECUTIVE SUMMARY
Cash or conventional financing only!
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$59,400
|
$9.75
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$59,400
|
$9.75
|
| Taxes |
$5,292
|
$0.87
|
| Operating Expenses |
$7,774
|
$1.28
|
| Total Expenses |
$13,066
|
$2.15
|
| Net Operating Income |
$46,334
|
$7.61
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $59,400 |
| Annual Per SF | $9.75 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $59,400 |
| Annual Per SF | $9.75 |
| Taxes | |
|---|---|
| Annual | $5,292 |
| Annual Per SF | $0.87 |
| Operating Expenses | |
|---|---|
| Annual | $7,774 |
| Annual Per SF | $1.28 |
| Total Expenses | |
|---|---|
| Annual | $13,066 |
| Annual Per SF | $2.15 |
| Net Operating Income | |
|---|---|
| Annual | $46,334 |
| Annual Per SF | $7.61 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,090 SF
Building Class
C
Year Built
1950
Price
$445,000
Price Per SF
$73.07
Cap Rate
10.41%
NOI
$46,334
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.64
Lot Size
0.22 AC
Zoning
Commercial - Commercial Corridor
Parking
15 Spaces (2.46 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 45-0-032629 | Total Assessment | $61,100 (2025) |
| Land Assessment | $2,700 (2025) | Annual Taxes | $5,292 ($0.87/SF) |
| Improvements Assessment | $58,400 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
45-0-032629
Land Assessment
$2,700 (2025)
Improvements Assessment
$58,400 (2025)
Total Assessment
$61,100 (2025)
Annual Taxes
$5,292 ($0.87/SF)
Tax Year
2024
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