19941 Pa-286, Cherry Tree, PA 15724
10,000 SF Specialty Building Offered at $835,000 at a 18.80% Cap Rate in Cherry Tree, PA 15724
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $835,000
- Property Type
-
Specialty
- Square Feet
- 10,000 SF
- Price / Square Foot
- $84
Listing Contacts
Bradley Bygall
Verified Profile
- Property Info
Property Overview
Welcome to a rare opportunity in the real estate market! Nestled on 11.36 acres of pristine land, this property offers not only a beautifully maintained 5-bedroom home but also a turnkey business operation. The main residence boasts 2800 square feet of living space. there is also a stable and pasture on the property. The highlight of this estate is the fully operational outdoor furniture business, which also specializes in roofing and deck services during the off-season. The business infrastructure is impressive, featuring 2 warehouses, a shop, and an office totaling approximately 10,000 square feet. What's unique is that all buildings are heated by a hot water wood-fired furnace, ensuring efficient and sustainable operation. With retail sales on-site and connections to 8 wholesalers and 1 consignment location, this business is poised for growth. Adding shed and small building sales would be a seamless expansion, given the existing facilities and market presence. Moreover, the business includes valuable assets such as 2 trucks, 2 trailers, a skid loader, and a skid steer, along with all necessary shop equipment. Additionally, the owner is willing to stay on board to assist the new owner in acclimating to the business, ensuring a smooth transition and continued success. . Don't miss out on this exceptional opportunity to own a piece of real estate that combines business and residential tranquility
Property Details
- Year Built
- 1925
- Stories
- 1
- Lot Size (sq. ft)
- 494,842 SF
Highlights
- The highlight of this estate is the fully operational outdoor furniture business.
- The business infrastructure is impressive, featuring 2 warehouses, a shop, and an office totaling approximately 10,000 square feet.
- The business includes valuable assets such as 2 trucks, 2 trailers, a skid loader, and a skid steer, along with all necessary shop equipment.
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