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122 N Market St 10,000 SF 100% Leased Retail Building Ligonier Township, PA 15658 $1,987,094 CAD ($198.71 CAD/SF) 7% Cap Rate
Investment Highlights
- Fully occupied multi-tenant retail building with established tenant mix and reliable rental income.
- Significant capital upgrades completed, including HVAC enhancements, new windows, and energy-efficient improvements.
- Prime North Market Street location near Ligonier’s central square and high-traffic shopping district.
- Attractive cash-flowing investment with potential for long-term rental growth in a supply-constrained market.
Executive Summary
122 N. Market Street in downtown Ligonier offers investors a fully occupied, multi-tenant retail property on a vibrant commercial corridor. Featuring established tenants and a proven income stream, this two-story asset benefits from strong visibility, steady pedestrian traffic, and proximity to the town’s central square—a year-round destination for locals and tourists. Recent capital improvements, including roofing, HVAC, and upgraded utilities, reduce deferred maintenance. This stabilized property combines cash flow certainty with future upside potential in one of Laurel Highlands’ most desirable markets.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,000 SF
Building Class
C
Year Built
1921
Price
$1,987,094 CAD
Price Per SF
$198.71 CAD
Cap Rate
7%
NOI
$139,116 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.05
Lot Size
0.22 AC
Zoning
C-1 - Neighborhood commercial district permits small-scale commercial uses serving nearby neighborhoods, providing everyday goods and services while maintaining compatibility with village areas, not regional or highway-oriented development.
Parking
30 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
65’ on North Market Street
Moderately walkable
70/100
Very drivable
80/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 16-01-15-0-198 | Improvements Assessment | $59,092 CAD |
| Land Assessment | $14,060 CAD | Total Assessment | $73,152 CAD |
Property Taxes
Parcel Number
16-01-15-0-198
Land Assessment
$14,060 CAD
Improvements Assessment
$59,092 CAD
Total Assessment
$73,152 CAD
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122 N Market St
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