Mixed-Use Land for Sale in Grove City, Pennsylvania
1320 W Main St Grove City, PA 16127
Welcome to Parkview Mobile Home Park!
38 LOTS / 36 LOTS OCCUPIED / NO PARK OWNED HOMES / PUBLIC WATER / PUBLIC SEWER / HALF MILE FROM WALMART / $315 LOT RENT PLUS WATER, SEWER, & TRASH / METRON SMART WATER METERS INSTALLED AT EVERY HOME / BRAND NEW BLACKTOPPED ROADS IN 2022. RENT INCREASE OF $25 WILL GO INTO EFFECT 9/1/24 TO INCREASE THE TOTAL LOT RENT TO $340.
Sewer inspection completed and all repairs will be complete prior to closing as required by Grove City Borough. Sewer inspections are required for every property whose sewer ultimately ends up in Grove City's sewer plant. All mains and laterals were camera inspected by a NASSCO Certified plumber. Electrical inspection report completed and available upon request.
3 brand new homes brought into the park over the last few years. Current owner has a property manager that lives a few miles away to oversee the property. Increase lot rent and fill 2 vacant lots for value add. Financials, Survey, and clean environmental phase 1 report are available for review. Call for more information! 8.5% Cap Rate assuming a 5% management fee. *Virtual aerial tour of the property is available to review* *Seller agent is related to Seller*
Location
- Street Address
- 1320 W Main St
- County
- Mercer County
- Elevation
- 1,260 feet
Property details
- MLS Number
- TREND PAME2000050
- Date Posted
Property taxes
- Recent
- $3,984
Detailed attributes
Listing
- Type
- Commercial Sale
Structure
- Materials
- Vinyl Siding
- Cooling
- Central A/C, Window Unit(s) A/C
Exterior
- Parking Spots
- 152
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 7, 2024 | Under contract | $1,395,000 | — | TREND |
| Aug 2, 2024 | Price drop | $1,395,000 | $105,000 -7% | TREND |
| July 24, 2024 | Relisted | $1,500,000 | — | TREND |
| July 18, 2024 | Listing removed | $1,500,000 | — | — |
| May 4, 2024 | Under contract | $1,500,000 | — | TREND |
| Apr 23, 2024 | New listing | $1,500,000 | — | TREND |