7 Prospect Ave - Assisted Livings FOR SALE


Galeton, PA 16922
$899,900 USD
717-891-0836
7 Prospect Ave, Galeton, PA for Sale
$899,900 USD
Assisted Livings - FOR SALE
1/16
null | Request Cap Rate

7 Prospect Ave
Galeton, PA 16922


HIGHLIGHTS

  • Turn-Key 13,075 SF Building | Fully renovated with modern systems and finishes
  • 28 Total Rooms | 3 half baths and 25 full baths all remodeled across multiple layouts
  • Extensive Capital Improvements | New roof, windows, furnaces, AC, and interior upgrades
  • Operational Elevator & Fire Safety System | Simplex alarm system and ADA compliance
  • Flexible Zoning | Ideal for elder care, rehab, medical, lodging, or multifamily use
  • Value-Add Potential | Positioned for strong long-term growth within the Northern Pennsylvania market

OVERVIEW

SCOPE Commercial Real Estate Services, LLC (“SCOPE”) is pleased to present the opportunity to acquire 7 Prospect Avenue, a fully renovated 13,075-square-foot property located in the heart of Galeton, Pennsylvania, within Potter County’s primary commercial corridor along U.S. Route 6. The building features 28 rooms, including 25 units with full baths and 3 with half baths, all recently updated to a modern, turn-key condition. Comprehensive capital improvements include three new gas furnaces, forced hot-air systems with central AC, a new roof, windows, and gutters, and fresh interior paint and carpeting throughout. The property is equipped with an operational elevator, Simplex fire alarm system, and ADA-compliant accessibility. With flexible zoning and extremely low operating expenses, this asset is well-positioned for a wide range of uses including elder care, rehabilitation housing, medical, hospitality, daycare, or multifamily lodging. Offered at $899,900, 7 Prospect Avenue provides investors a rare opportunity to acquire a fully modernized facility in a stable, low-cost market supported by consistent regional demand and favorable zoning flexibility.

FOR SALE DETAILS

PRICE

$899,900 USD

PRICE/SF

$69 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Congregate Senior Housing, Continuing Care Retirement Com, Rehabilitation Center

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

-

APN/PARCEL ID

092-001-101

ASK ABOUT THIS PROPERTY

Abe KhanSCOPEMore Info
717-891-0836

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Abe KhanSCOPEMore Info
717-891-0836

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