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616 Main St
Gallitzin, PA 16641

$854,000 USD

Freestanding For Sale  •  9,014 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 9,014 SF
  • Lot Size 0.56 AC
  • Building Class C
  • Year Built 2009
  • Cap Rate 7.75 %
  • Tenancy Single
  • Zoning C-1
0 Transit Score
37 Walk Score

Highlights

High Foot Traffic: 163,000 visitors in the last 12 months, with 98,300 visiting over 30 times
Prime Location: Downtown Gallitzin, PA, near major highways US-22 and I-99
Strong Lease Terms: NNN lease, extended to June 30th, 2030, with minimal landlord responsibilities
Robust Market: Johnstown retail market vacancy rate at 3.4%, with rents averaging $12.60 per square foot
Recent Improvements: New roof coating installed in 2022 with a 20-year warranty

Property Flyers

Cap Rate: 7.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General 9,014 SF 6/30/2030

Amenities

  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 32
Type: Surface
Included in Rent: Yes
Craig Dunkle 717-554-4881 Scope Commercial Real Estate Services, LLC
Craig Dunkle 717-554-4881 Scope Commercial Real Estate Services, LLC