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280 S Main St 7,450 SF 100% Leased Retail Building Cambridge Springs, PA 16403 $140,000 ($18.79/SF)
INVESTMENT HIGHLIGHTS
- 7,450± SF 2-3 Unit Commercial Building
- First Floor Partially Renovated in 2020 as Restaurant/Brewery
- Situated on 0.24± Acre Corner Lot at a Signalized Intersection
- Built in 1948 with Public Utilities
- Second Floor with 2 Bedroom / 1 Bathroom Apartment & Storage Area
- 8-10 Space Parking Lot
EXECUTIVE SUMMARY
7,450± SF 2-3 unit commercial building in vibrant, quaint downtown Cambridge Springs. Built in 1948. First floor partially renovated in 2020 as restaurant/brewery. Second floor with 2 bedroom / 1 bathroom apartment and large storage area. Situated on 0.24± acre corner lot at a signalized intersection with an 8-10 space parking lot. Zoned B-1, Central Business District, with public utilities. Zoning allows for many potential uses: retail, multi-family, office, tavern, health care facility, fitness center, etc. Newer rubber roofs – installed in 2020 & 2016. Multiple first floor upgrades: new windows, 2 new ADA restrooms, new 220V single phase electric service, new gas forced air furnace & electric central AC. Kitchen with stainless steel sinks & grease trap. Warehouse/storage area with 10’W x 9’6”H overhead door & 11’ ceilings. Additional storage area with interior overhead door (8’W x 7’H). Second floor 2 bedroom apartment includes newer gas forced air furnace, hardwood floors & some new windows. Second floor storage area offers potential for second apartment. Contact broker for additional information or to schedule a tour.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$3,442
|
$0.46
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$3,442
|
$0.46
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $3,442 |
| Annual Per SF | $0.46 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $3,442 |
| Annual Per SF | $0.46 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,450 SF
Building Class
C
Year Built
1948
Price
$140,000
Price Per SF
$18.79
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.71
Lot Size
0.24 AC
Zoning
B-1 - B-1, Central Business District
Parking
10 Spaces (1.34 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 16-0-005209 | Total Assessment | $30,525 (2025) |
| Land Assessment | $4,700 (2025) | Annual Taxes | $3,442 ($0.46/SF) |
| Improvements Assessment | $25,825 (2025) | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Parcel Number
16-0-005209
Land Assessment
$4,700 (2025)
Improvements Assessment
$25,825 (2025)
Total Assessment
$30,525 (2025)
Annual Taxes
$3,442 ($0.46/SF)
Tax Year
2024 Payable 2024
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280 S Main St
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