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11 Gillis Ave 156,648 SF 82% Leased Industrial Building Ridgway, PA 15853 $5,880,088 CAD ($37.54 CAD/SF) 7.40% Cap Rate
Investment Highlights
- Located on 10.73 acres in Ridgway with strong regional connectivity to main transportation corridors.
- Current 82% occupancy provides immediate income with potential upside through additional leasing.
- 156,648 square feet of multi-tenant industrial space with adaptable floor layouts for varied uses.
- C-Commercial zoning offers broad industrial and commercial use opportunities for long-term adaptability.
Executive Summary
Multi-tenant industrial property for sale in Ridgway, PA, offering 156,648 square feet across 10.73 acres within a C-Commercial zoning district. Currently 82% occupied by 10 tenants, the facility generates stable income with a 7.4% initial cap rate and provides clear value-add potential through lease-up opportunities. Its central Elk County location supports diverse industrial and commercial uses, with proximity to major regional employers and transportation routes, making it a strong addition for investors seeking an income-producing, customizable industrial asset.
Property Facts
| Price | $5,880,088 CAD | Rentable Building Area | 156,648 SF |
| Price Per SF | $37.54 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1940 |
| Cap Rate | 7.40% | Parking Ratio | 0.64/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 20’ |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 7 |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 10.73 AC | ||
| Zoning | C - Commercial zoning | ||
| Price | $5,880,088 CAD |
| Price Per SF | $37.54 CAD |
| Sale Type | Investment |
| Cap Rate | 7.40% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 10.73 AC |
| Rentable Building Area | 156,648 SF |
| No. Stories | 1 |
| Year Built | 1940 |
| Parking Ratio | 0.64/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 7 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | C - Commercial zoning |
Amenities
- Storage Space
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Flexible SF options 7500-45,225 SF.
3,200 SF , 20 ft clear height. Rent $4,500 per month
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl - 10 | 7,500-45,225 SF | Industrial | Full Build-Out | Now |
| 1st Fl - 22 | 3,000 SF | Industrial | Full Build-Out | Now |
1st Fl - 10
| Size |
| 7,500-45,225 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl - 22
| Size |
| 3,000 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl - 10
| Size | 7,500-45,225 SF |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | Now |
Flexible SF options 7500-45,225 SF.
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl - 22
| Size | 3,000 SF |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | Now |
3,200 SF , 20 ft clear height. Rent $4,500 per month
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 12-12-246-5318 | Improvements Assessment | $89,745 CAD |
| Land Assessment | $63,956 CAD | Total Assessment | $153,701 CAD |
Property Taxes
Parcel Number
12-12-246-5318
Land Assessment
$63,956 CAD
Improvements Assessment
$89,745 CAD
Total Assessment
$153,701 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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11 Gillis Ave
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