Located in the bustling heart of Olyphant, this commercial building offers a prime opportunity for investors and business owners alike. With its strategic positioning on a busy main street, the property benefits from high foot traffic and excellent visibility, making it an attractive location for a variety of enterprisesThese retail spaces are the crown jewels of the property, boasting modern updates and meticulous maintenance. Each unit features large display windows that maximize exposure to the steady stream of passersby, providing an inviting atmosphere for potential customers. The interiors are designed to accommodate a range of retail operations, from boutiques to cafes.The remaining units offer flexible usage options, ideal for office spaces, service-based businesses, or even small-scale manufacturing. Each unit is designed to be easily customizable, allowing tenants to tailor the space to their specific needs. Tenants pay heat.
Do not miss out on the opportunity to own prime real estate in the heart of Olyphant. Imagine the possibilities for this very well maintained building. Past use was car sales and repair. Building now vacant and ready for quick turn around. New gas modine 200K BTU heat.New ceiling in garage along with shop lighting , paint, sealed floors, challenger lift 10,000 lb and new 6 inch gutters front of building.Small portion end of building leased out for extra income.2nd level storage space 24x22
Welcome to this fantastic investment opportunity located in the heart of downtown Olyphant! This mixed-use building offers a strategic combination of commercial and residential spaces, making it an ideal prospect for savvy investors.Consisting of 2 storefronts (office and retail) and 2 apartments at the rear, this property is versatile and caters to various business and residential needs. All four units are currently rented, providing immediate income for the new owner. This property generates a robust gross income of $28,200, this property promises a steady and attractive return on investment. The property boasts a recently installed roof, ensuring longevity and minimizing maintenance costs. The basement has also been painted and paneled. Additional features include off-street parking for tenants and well as a detached 20 x 20 garage which can be utilized or rented out for storage, adding an extra dimension to the property's income potential.Recent sales in the vicinity, including a building just one block away selling for over $1 million, underscore the burgeoning value and potential of this downtown locale. Downtown Olyphant is experiencing a renaissance, with new businesses and high-end residential apartments emerging. This trend contributes to the overall desirability and potential appreciation of the property. Don't miss out on this prime investment opportunity in the flourishing downtown Olyphant area. Whether you're an investor looking for a reliable income stream or someone seeking a strategic commercial-residential mix, this property has it all. Contact us for more information or to schedule a viewing today!All information and measurements are approximate, not warranted or guaranteed.
Olyphant is located in Pennsylvania. Olyphant, Pennsylvania has a population of 5,127. Olyphant is more family-centric than the surrounding county with 27.61% of the households containing married families with children. The county average for households married with children is 25.86%.
The median household income in Olyphant, Pennsylvania is $49,278. The median household income for the surrounding county is $48,380 compared to the national median of $57,652. The median age of people living in Olyphant is 44.9 years.
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 45.5 inches per year, with 69.1 inches of snow per year.
