00 Route 89

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00 Route 89

North East, PA 16428
Asking Price
$398K
Asset Type
Agricultural Land
Class
Class B

What's Special

Prime commercial development opportunity featuring 44.53± acres, excellent visibility, and unmatched <ul><li>​44.53± acres</li><li>​Commercial C-1 zoning</li><li>​Frontage on Route 89</li><li>​Minutes from I-86 and I-90 interchanges</li><li>​Predominantly level and open terrain</li><li>​Strong regional access to Erie, Buffalo, Cleveland, and surrounding markets</li><li>​Potential for commercial, mixed-use, agricultural, or residential development</li><li>​Seasonal stream and wooded acreage along rear boundary</li><li>​Utilities and development feasibility to be verified by buyer</li><li>​Oil, g

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NOI
$80,000
Cap Rate
20.10%
DSCR
3.39
Strong
Cash-on-Cash
47.21%
Monthly Payment
$1,969.087
Annual Cash Flow
$56,370.958

Location & Travel Times