Prime Commercial Opportunity on 10.48 Acres with Fully Rented Duplex and Two Outbuildings. Discover a unique investment opportunity with 511 feet of highly visible College Avenue frontage, just outside the charming town of Pleasant Gap along Route 26/W College Ave. This 10.48-acre property is zoned commercial and boasts a fully rented duplex, two versatile outbuildings, and recent subdivision approval by Henry Surveys, with property taxes to be adjusted accordingly. Unit 1: Located on the first floor, featuring 2 bedrooms and 1 full bath, currently leased at $350/month. Unit 2: Located on the second floor, also with 2 bedrooms and 1 full bath, leased at $400/month. Tenants are responsible for lawn care and snow removal, with natural gas heat covered by the first-floor tenant. While there are no formal leases in place, both tenants have an agreement to sign a lease or vacate within 4 months of the property’s sale, offering flexibility to the new owner. Situated near established businesses such as Sunbelt Rentals, Encompass Health, and the PennDOT Driver License Center, this location provides excellent commercial potential. All mineral rights convey with the sale. The property is currently enrolled in Clean & Green, buyer will be responsible for re-enrollment. Public sewer is available with SBWJA at buyer’s expense. Seller is willing to owner finance for up to 5 years with a non-refundable deposit. This is an outstanding opportunity for commercial development or investment in a growing area. Don’t miss the chance to capitalize on this rare find.
Pleasant Gap is located in Pennsylvania. Pleasant Gap, Pennsylvania has a population of 3,569. Pleasant Gap is less family-centric than the surrounding county with 25.02% of the households containing married families with children. The county average for households married with children is 30.96%.
The median household income in Pleasant Gap, Pennsylvania is $76,103. The median household income for the surrounding county is $64,995 compared to the national median of $69,021. The median age of people living in Pleasant Gap is 41.6 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 16.7 degrees. The average rainfall is approximately 41.4 inches per year, with 44.4 inches of snow per year.
