Welcome to 36 W Main St, Galeton â an unparalleled investment opportunity exclusively listed through Lime House Realty. This meticulously renovated 14-unit apartment building stands as a testament to modern luxury and smart investment potential. Property Features: Prime Location: Strategically situated for convenience in the heart of Potter County, with easy access to local amenities. Unit Composition: Impeccably designed with 13 2-bedroom apartments and 1 spacious 3-bedroom unit, catering to a diverse range of tenant preferences. Utilities: Each unit is equipped with separate electric meters, providing tenants with efficient control over their utility usage. Additionally, metered water ensures accurate billing. Heating: Natural gas hot water baseboard heating guarantees both energy efficiency and tenant comfort. Renovation: The property just completed a comprehensive gutted restoration, combining modern aesthetics with updated amenities, and ensuring compliance with the latest industry standards. Roof: A brand-new roof installed in 2021 ensures longevity and adds to the property's overall appeal. Security: Electronic code access has been implemented for both the building and individual units, enhancing security and providing modern convenience for tenants. These units are being leased as fast as they are being completed.
Operating restaurant and ice cream shop has been in business for over 15 years on busy Route 6 in the heart of Galeton. This large historic building offers lots of opportunities for the right owner. This establishment currently has great seasonal income and with the future opening of Denton Hill or by expanding hours it could offer huge growth. The second floor has a 2 bedroom suite currently occupied with a lease until Dec 24. Tenant pays $1200 plus electric. Current owner would consider lease back of first floor at $1000 month. . Other options include converting the entire building back to an an apartment house or senior living or possibly convert to professional office space on the first floor. This business is positioned centrally between Cherry Springs Dark Skies and the Pine Creek Rail Trail, the Pa Grand Canyon and numerous state parks making this an excellent tourist destination. Located midway between Wellsboro and Coudersport, the area is on the grow, find out how you can come grow with it.
Galeton is located in Pennsylvania. Galeton, Pennsylvania has a population of 1,194. Galeton is less family-centric than the surrounding county with 21.68% of the households containing married families with children. The county average for households married with children is 24.53%.
The median household income in Galeton, Pennsylvania is $40,000. The median household income for the surrounding county is $41,406 compared to the national median of $57,652. The median age of people living in Galeton is 44.4 years.
The average high temperature in July is 78 degrees, with an average low temperature in January of 13 degrees. The average rainfall is approximately 39.7 inches per year, with 53.6 inches of snow per year.
