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103 E Union St 3,600 SF 31% Leased Retail Building Punxsutawney, PA 15767 $700,875 CAD ($194.69 CAD/SF) 12% Cap Rate
Investment Highlights
- Located in downtown Punxsutawney along E Union Street
- Walkable location with proximity to surrounding retail and municipal uses
- Accessible to surrounding residential neighborhoods and local amenities
- Positioned within Jefferson County, serving the local business community
- Walkable location with proximity to surrounding retail and municipal uses
Executive Summary
Downtown Punxsutawney retail/office investment property consisting of approximately 3,600 SF on a 0.35-acre commercial site. The multi-tenant building was marketed for both investor and owner-user acquisition, with one portion occupied by H&R Block and additional space available for lease or owner occupancy. The property offers strong visibility along E Union Street, on-site parking, and convenient access to local businesses, restaurants, banks, and municipal offices. The offering featured in-place income with value-add potential through lease-up of the available space, making it suitable for office, retail, or professional service users.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,600 SF
Building Class
C
Year Built
1976
Price
$700,875 CAD
Price Per SF
$194.69 CAD
Cap Rate
12%
NOI
$84,133 CAD
Percent Leased
31%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.35 AC
Zoning
C - Commercial
Parking
20 Spaces (5.56 Spaces per 1,000 SF Leased)
Frontage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
OFFICE SPACE AVAILABLE W/PARKING. Rent plus utilities $12/per SF (2484 SF total) (7) OFFICES, (1) Kitchen, (4) Lavatories- (1) Handicapped. Modern 1st floor office space. Paved parking, all utilities present, above average quality. Available immediately.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,484 SF | Office | - | Now |
1st Floor
| Size |
| 2,484 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 2,484 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
OFFICE SPACE AVAILABLE W/PARKING. Rent plus utilities $12/per SF (2484 SF total) (7) OFFICES, (1) Kitchen, (4) Lavatories- (1) Handicapped. Modern 1st floor office space. Paved parking, all utilities present, above average quality. Available immediately.
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 24-001-0715 | Improvements Assessment | $161,061 CAD |
| Land Assessment | $8,048 CAD | Total Assessment | $169,109 CAD |
Property Taxes
Parcel Number
24-001-0715
Land Assessment
$8,048 CAD
Improvements Assessment
$161,061 CAD
Total Assessment
$169,109 CAD
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103 E Union St
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