TURN POTENTIAL INTO PROFIT!Unlock the potential for this 5-unit investment opportunity.This mixed-use commercial property is packed with opportunity for investors, entrepreneurs, or developers looking to create long-term value. The first floor features two storefronts, including one beautifully remodeled, turnkey space operating as a successful dog-grooming business complete with vinyl flooring and central A/C. The second commercial first-floor space is ready for your vision to come alive with its high ceilings and blank canvas to be finished.The remainder of the building is being taken down to the studs, offering a blank canvas to complete the renovation that has been started. Upstairs, there is the potential for three apartments, showcasing exposed brick walls, skylights, and endless character.With rear parking, strong income-producing potential, and significant upside once completed, this property presents an outstanding opportunity to build equity and maximize your investment. Bring your ideas and transforms these spaces into a thriving destination! Located in Olyphant's main hub, you will also enjoy plenty of foot traffic, shopping, and Olyphant's Third Thursdays, which is a delightful downtown block party featuring all our amazing businesses which run from May through November.Check out current comps, rents, and real estate values and you will see the enormous potential for this property to add value once completed.Building only for sale. Dog-grooming business not included in sale.
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.
Multi Use property located in downtown Olyphant. Sale includes 2 buildings. Beautiful, well established and successful commercial banquet facility, store front property, deli and 6 rented apartments.Banquet room has seating for 275 people. Paved parking lot for 50+ cars. Sale includes business, equipment, furniture, land and Liquor license. New roof installed over banquet portion of the building 2/2024, .All information approximate not warranted or guaranteed.Flood Insurance required., Ceiling Height: 13' to 16'- Y, No Overhead Door: YAll measurements approx., not warranted
Olyphant is located in Pennsylvania. Olyphant, Pennsylvania has a population of 5,359. Olyphant is less family-centric than the surrounding county with 18.34% of the households containing married families with children. The county average for households married with children is 24.76%.
The median household income in Olyphant, Pennsylvania is $56,475. The median household income for the surrounding county is $58,366 compared to the national median of $69,021. The median age of people living in Olyphant is 41.7 years.
The average high temperature in July is 81.7 degrees, with an average low temperature in January of 15.8 degrees. The average rainfall is approximately 40.5 inches per year, with 41.4 inches of snow per year.
