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50 W Mill St 17,200 SF 100% Leased Retail Building Port Allegany, PA 16743 $1,200,000 ($69.77/SF) 7.97% Cap Rate



INVESTMENT HIGHLIGHTS
- 2.15 Acres of prime land
- Drive-thru canopy
- 1 Loading Dock
- Zoned Commercial
- Walk Up ATM
EXECUTIVE SUMMARY
Introducing the prime retail opportunity at 50-52 W Mill St in Port Allegany, PA. A 2 Unit Commercial Building 17,200+/- SF current tenants Shop-N-Save and Juniata Valley Bank. This property boasts a coveted location in the heart of Port Allegany, offering high visibility and heavy foot traffic for retail success. With its inviting storefront and versatile layout, this space is ideal for retail investors looking to make their mark in a vibrant community. The property's strategic location ensures maximum exposure to potential customers and sets the stage for a thriving retail venture. New roofing paint, furnace overhaul, state of the art components, Don't miss out on this exceptional investment opportunity to establish your retail presence in Port Allegany.
Centrally located just west of Port Allegany’s downtown square off Mill Street. Close proximity to local retail, restaurants, medical facilities, financial institutions, and commuter routes
Centrally located just west of Port Allegany’s downtown square off Mill Street. Close proximity to local retail, restaurants, medical facilities, financial institutions, and commuter routes
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
17,200 SF
Building Class
C
Year Built/Renovated
1978/2023
Price
$1,200,000
Price Per SF
$69.77
Cap Rate
7.97%
NOI
$95,592
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.18
Lot Size
2.15 AC
Zoning
HC - Highway Commercial District
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- -
- -
- -
For decades SHOP 'n SAVE's local owners and operators have worked tirelessly to offer the highest quality products at the lowest prices, the widest selection of brands, the freshest offerings and best in the business customer service. Why do they work so hard to offer you the best? So you can Shop, Save and Enjoy Life!
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
Retailer | - | - | - |
PROPERTY TAXES
| Parcel Number | 021-029984 | Improvements Assessment | $494,120 |
| Land Assessment | $76,700 | Total Assessment | $570,820 |
PROPERTY TAXES
Parcel Number
021-029984
Land Assessment
$76,700
Improvements Assessment
$494,120
Total Assessment
$570,820
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50 W Mill St
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