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75 Germania St 6,650 SF Retail Building Galeton, PA 16922 $344,900 ($51.86/SF) 8.70% Cap Rate
Investment Highlights
- Multi-use commercial building located across from Berger Lake Park and public recreation areas.
- Opportunity for up to four separate income streams within the property.
- Located in a region known for outdoor activities, tourism, and seasonal events that draw significant crowds.
- Positioned along an ATV-approved Northeast Trail, enhancing exposure to recreational travelers.
- High-visibility site with frontage on Germania Street and convenient access to Main Street.
- Public utilities available to support a variety of commercial uses.
Executive Summary
GALETON, PA – Discover a versatile commercial investment offering 4 potential income streams in the heart of Pennsylvania’s Northern Mountains. Located in Galeton, PA, home of the area’s famous Fourth of July fireworks - enjoyed right from your front door - this high-visibility property sits directly across from Berger Lake Park & recreation area and along an ATV-approved Northeast Trail access road connecting 600± miles of riding. The property currently produces $1,100/mo. in immediate income from the community building space & includes 2 residential rental units on the second floor. The expansive main-level space was formerly a restaurant & offers excellent flexibility for retail, professional offices, daycare, or other business uses. In addition, the building presents strong potential to renovate for additional residential rental units, allowing investors to expand income and maximize long-term returns. A rare opportunity combining visibility, income & outdoor recreation appeal.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,650 SF
Building Class
C
Year Built
1940
Price
$344,900
Price Per SF
$51.86
Cap Rate
8.70%
NOI
$30,000
Tenancy
Single
Building Height
2 Stories
Building FAR
0.46
Lot Size
0.33 AC
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 092-001-065 | Improvements Assessment | $44,960 |
| Land Assessment | $1,840 | Total Assessment | $46,800 |
Property Taxes
Parcel Number
092-001-065
Land Assessment
$1,840
Improvements Assessment
$44,960
Total Assessment
$46,800
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75 Germania St
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