11 Gillis Ave - Manufacturing FOR SALE


Ridgway, PA 15853
$4,250,000 USD
412-400-0082
11 Gillis Ave, Ridgway, PA for Sale
$4,250,000 USD
Manufacturing - FOR SALE
1/7
null | 7.4% Cap Rate

11 Gillis Ave
Ridgway, PA 15853


HIGHLIGHTS

  • Located on 10.73 acres in Ridgway with strong regional connectivity to main transportation corridors.
  • 156,648 square feet of multi-tenant industrial space with adaptable floor layouts for varied uses.
  • Current 82% occupancy provides immediate income with potential upside through additional leasing.
  • C-Commercial zoning offers broad industrial and commercial use opportunities for long-term adaptability.

OVERVIEW

Multi-tenant industrial property for sale in Ridgway, PA, offering 156,648 square feet across 10.73 acres within a C-Commercial zoning district. Currently 82% occupied by 10 tenants, the facility generates stable income with a 7.4% initial cap rate and provides clear value-add potential through lease-up opportunities. Its central Elk County location supports diverse industrial and commercial uses, with proximity to major regional employers and transportation routes, making it a strong addition for investors seeking an income-producing, customizable industrial asset.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$27 USD /SF

CAP RATE

7.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

20 Ft

DOCKS

7

DRIVE INS

3

PARKING SPACES

100

LAND DETAILS

LAND ACRES

10.73

LAND SF

467,399

ZONING

C

APN/PARCEL ID

12-12-246-5318

ASK ABOUT THIS PROPERTY

Robert BlackmoreCBRE, Inc.More Info
412-400-0082

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Robert BlackmoreCBRE, Inc.More Info
412-400-0082

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.