$10.25 Per Sq Foot $1,932 est/mo Sourced by Back At You

30-36 E Independence St,Shamokin, PA 17872

Shamokin PA, 17872

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Description

Investor Alert: Unique Mixed-Use Opportunity Nestled in the heart of downtown Shamokin, Pennsylvania, this exceptional investment opportunity is now available for a discerning investor. We are presenting a 49-unit building that uniquely combines both residential and commercial elements, offering an expansive retail space on the ground floor. This property stands in a prime downtown location, maximizing both visibility and accessibility. The building features a strategic blend of 49 residential units and a substantial ground-floor retail space. Its modern architectural design ensures spacious living areas for residents and an inviting commercial environment for businesses. This mixed-use property not only provides a diversified income stream but also significantly reduces vacancy risks, enhancing the overall return on investment. The property's prime location in a bustling downtown area guarantees high foot traffic, making it an ideal spot for retail businesses. The growing population and economic development in Shamokin indicate a rising demand for both housing and commercial space, suggesting a promising future for this investment. Additionally, the property offers the potential for further value addition through strategic renovations and rebranding efforts. Priced competitively with an attractive cost per unit, this investment promises a substantial return on investment with proper management. This mixed-use property presents a rare opportunity for investors seeking to capitalize on the thriving Shamokin community. With its combination of residential and commercial utility, prime location, and potential for high returns, it stands as an unmissable opportunity for those looking to expand their portfolio. This property is being sold **AS-IS**. The buyer is responsible for all repairs & inspections, including but not limited to certificate of occupancy and fire inspection. Certain information contained herein is derived from information provided by other parties. All information provided is deemed reliable but is not guaranteed and should be independently verifiedbuyer to perform due diligence.

Details

MLS#PANU2001362
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site149
Listing Provided ByHomeSmart Realty Advisors | Sharonn E Thomas-Pope
Buying Commision2.5% Of Gross

Features

SQ Feet35,100
ZoningCOMMERCIAL
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

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Learn More About This Property

StatePA
CountyNorthumberland
CityShamokin
Zip Code17872
AreaJackson Twp
School DistrictShamokin Area
Listing VS Median (in 17872)
Price:
$359,900
low | high
Med:
$0
On Site:
149
low | high
Med:
Sourced by Back At You
Listing Updated: July 12, 2024 at 1:08:19 PM PDT