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275 Main St 6,090 SF 100% Leased Retail Building Saegertown, PA 16433 $615,609 CAD ($101.09 CAD/SF) 10.41% Cap Rate
INVESTMENT HIGHLIGHTS
- 3 Commercial Units and 2 apartments, fully occupied make this an excellent investment opportunity!
- Prime, highly visible Saegertown location on corner lot.
- Lots of parking for tenants and customers
EXECUTIVE SUMMARY
Cash or conventional financing only!
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$82,173
|
$13.49
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$82,173
|
$13.49
|
| Taxes |
$7,321
|
$1.20
|
| Operating Expenses |
$10,754
|
$1.77
|
| Total Expenses |
$18,075
|
$2.97
|
| Net Operating Income |
$64,098
|
$10.53
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $82,173 |
| Annual Per SF | $13.49 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $82,173 |
| Annual Per SF | $13.49 |
| Taxes (CAD) | |
|---|---|
| Annual | $7,321 |
| Annual Per SF | $1.20 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $10,754 |
| Annual Per SF | $1.77 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $18,075 |
| Annual Per SF | $2.97 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $64,098 |
| Annual Per SF | $10.53 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,090 SF
Building Class
C
Year Built
1950
Price
$615,609 CAD
Price Per SF
$101.09 CAD
Cap Rate
10.41%
NOI
$64,098 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.64
Lot Size
0.22 AC
Zoning
Commercial - Commercial Corridor
Parking
15 Spaces (2.46 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 45-0-032629 | Total Assessment | $85,864 CAD (2025) |
| Land Assessment | $3,794 CAD (2025) | Annual Taxes | $7,321 CAD ($1.20 CAD/SF) |
| Improvements Assessment | $82,070 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
45-0-032629
Land Assessment
$3,794 CAD (2025)
Improvements Assessment
$82,070 CAD (2025)
Total Assessment
$85,864 CAD (2025)
Annual Taxes
$7,321 CAD ($1.20 CAD/SF)
Tax Year
2024
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