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Listed by Curvin Horning • Kingsway Realty - Ephrata
$ 450,000
Est. payment /mo
Price Dropped by $45K
126 N ST AND C PINE ST Philipsburg, PA 16866
0.28 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PACE2515186
Year Built 1938
Annual Tax Amount $4,685
Tax Year 2025
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Presenting a compelling investment opportunity in Philipsburg, PA. This mixed-use property spans a total of 14,515 SF, including 6,925 SF across eight residential units and 7,590 SF of commercial storefront space, providing multiple income-generating opportunities. Centrally located in the town of Phillipsburg, this building is close to essential amenities, including public transportation, grocery stores, and a local park. A nearby off-street parking lot accommodating 12+ vehicles adds significant value for both tenants and customers. This property offers substantial upside potential for investors willing to complete renovations and capitalize on the building's full capabilities. All residential units have been recently renovated, and the spacious commercial area presents unlimited potential. Currently, 6 out of the 8 units are leased, Gross Rental income: $57,360. Philipsburg boasts a notably low property tax burden compared to surrounding areas, and the mixed-use nature of this property allows for flexibility in tenant mix and income diversification. Schedule your showing today!
Location
State PA
County Centre
Area Philipsburg Boro (16429)
Zoning COMMERCIAL GENERAL
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Heat Source Electric, Natural Gas
Exterior
Garage Spaces 12.0
Water Access N
Roof Type Rubber
Accessibility None
Total Parking Spaces 12
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philipsburg-Osceola Area
Others
Tax ID NO TAX RECORD
Ownership Fee Simple
Special Listing Condition Standard
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