121 E MAIN STREET, Lock Haven, PA 17745
$229,000







Property Type:
Commercial Sales
Baths:
12
Square Footage:
23,554
Lot Size (sq. ft.):
6
Status:
Active
Current Price:
$229,000
List Date:
2/01/2025
Last Modified:
5/13/2025
Description
Call Larry Ross to tour at 570-506-6652. Over 23,000 sf of mixed use in the heart of downtown, large retail (former gym) on ground floor, part of second, part of third, plus nine gutted apartments. 2nd and 3rd floor have room to add five more apartments for a total of 14. Great potential - keep ground floor for hard-to-find Main St retail space (true!), room for six spaces, including two with street windows, and develop all three upper floors for apartments. Concrete post and beam, concrete floors, so good clear span spaces. Lighted walkway alongside building to large city parking lot behind on Water Street. Severe fixer upper, so bring deep pocketed investor or contractor with good bank relationship. Potential 12% cap rate at $1.3M finished??
More Information MLS# WB-100797
Contract Information
Auction: No
Listing Contract Date: 2025-01-30
Status: Active
List Price: $229,000
Current Price: $229,000
Assessed Valuation: 250000
Listing Service: Full Service
General Property Description
Apx Total Fin SqFt: 23554
SqFt Retail: 5600
SqFt Apartment: 11232
Year Built: 1901
Lot Size Acres: 16
Lot SqFt: 6,970
Stories: 4
Bathrooms Total: 12
Living Space: No
LocationTax and Other Information
House #: 121
Street Direction Pfx: E
Street Name: MAIN
Street Suffix: STREET
County: Clinton
State: PA
Postal Code: 17745
MLS Area: CLINTON COUNTY
Zoning: C201
Subdivision Name: None
Tax ID: 20-9825-26
Geo Lat: 41.137394
Geo Lon: -77.444973
Basement
Basement Access: Walk Up
Details
Property Assoc.: No
Under Construction: No
Annual Income and Expenses
Inc - Rent:RE: 175200
Land Use
Leased Lot: No
Showings
Media Permission: No
Property Features
Access: City Street
Characteristics: Corner Lot; Sidewalks
Construction: Brick; Post & Beam; See Remarks
Cooling: None
Documents on File: Tax Card
Electrical Service: 151-399 amps
Exterior Finish: Brick
Features: Ceiling 12-15 ft
Financing Considered: Cash; Conventional; Seller 2nd Mortgage
Floors: Concrete
Foundation: Pillar/Post/Pier
Garage Type: None
Heating Type: See Remarks
Heating Fuel: Natural Gas
Roof Type: Flat
Sale Includes: Building; Land
Sewer: Public Sewer
Specialty Rooms: Locker Room
Type: Commercial with Apts; Mixed; Recreation Facility; Retail
Water Source: Public
Listing Office: Ross & Rockwell
Office Phone: 907-727-2227
Listing Agent: Lawrence Ross
Last Updated: May - 13 - 2025
All information deemed reliable, though not guaranteed. All measurements are approximate.