20 Bridge
Galeton, PA 16922

$169,900
Est. Mortgage: $635/mo
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Active
  • 3
    partial baths
Commercial

LOW RISK INVESTMENT! Historical Commercial Building generating an 11.3% Cap Rate - 8208 SF of solid potential at a 15.5% Potential Cap Rate! There is with plenty of room to dream with, 3 finished office spaces filled with long term established businesses on the first floor (current income generates more than payment obligations).Spacious 2 bedroom apartment space being refinished (90% complete) on the second floor for additional immediate income and a large open space on the third floor with spectacular views. The beautiful, original brick is visible on some walls of the second floor and all walls of the third. The second and third floors have a separate outside entrance. The building is located in the busy Bridge Street Business section of Galeton, right next door to the post office, adjacent to the Nittany Minute Mart, and immediately off Route 6 with ample paved parking. Seller is highly motivated and will consider all realistic offers!

Property Details
  • Galeton
    school district
  • 1900
    built
  • 125898
    MLS#
Central air
Forced air heat
School district: Galeton
Shingle roof
Public sewer
Public water
Courtesy of:
Pine Creek Real Estate (G)

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Address Distance Sale date Sale price
57 GERMANIA ST 0.31 mi. 2/2/2016 $13,000
0 1ST ST 0.82 mi. 8/12/2016 $7,500
722 CRIPPEN RUN RD 5 mi. 1/29/2016 $175,000
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{"markerType": "Sold", "lat": "41.728255", "lng": "-77.655299", "Address": "0 1ST ST", "City": "GALETON", "StateProv": "PA", "ZipCode": "16922"}
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Galeton Real Estate Market in 16922
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NMLS# 138841
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The approximate monthly principal & interest payment for this property would be $634.57.

This payment is based on a 30-year loan at a fixed rate of 3.750 % - APR 3.816 % with a down payment of $33,980. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

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20 Bridge, Galeton, PA 16922, 2.5 bath commercial offered for sale at $169,900.
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