22228 US-119 Rt - Route 119 Commercial Use 32.16 Acres of Commercial Land Offered at $1,640,206 CAD in Punxsutawney, PA 15767

This Parcel spans 32.16 Acres, providing a significant amount of land for various purposes. Property HAS Septic Approval. Gas Line running through Property with Tap Already Installed. Land is partially in Young Township, and partially in Punxsutawney Borough. Penelec 3-Phase Power is accessible on both the East and West Edges of the Property. Property HAS been approved under the Keystone Opportunity Zone (KOZ) Program, which provides NO Real Estate Taxes on Improvements for 10 years after any Construction. HOP Approved Entrance for a Maximum of 3,000 Vehicles Daily. Financial Benefits: Significant Tax Savings: The KOZ designation provides substantial tax breaks, reducing operating costs and increasing profitability. Reduced Infrastructure Costs: Existing power infrastructure eliminates significant upfront costs associated with new power installations. Attractive Return on Investment: The combination of prime location, utility access, and tax benefits positions this land with a strong return on investment.