CRE Admin

Punxsutawney, PA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Punxsutawney, Pennsylvania Market population: 6K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

Advertisement
Cap Rate: Any NOI: Any Tax Rate: Any Price: Any Size: Any
Clear All
No exact matches found. Showing similar properties in Pennsylvania.
1 properties found
REI Capital advisor
Investor Pitch Deck

Don’t just search properties. See why investors choose REI Capital.

Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.

REI Capital advisor
⭐ Featured

Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF

πŸ“Š Avg Property Tax Rate For Punxsutawney PA Properties: 1.3900%

πŸ“Š Average Income For Punxsutawney PA Commercial Property: $43,419

Investor Questions For Punxsutawney PA

Common questions from investors exploring commercial real estate in Punxsutawney PA.

What's the overall investment potential of Punxsutawney, PA? +
Punxsutawney's median household income of $43,419, combined with a poverty rate of 16.9% and high health insurance coverage of 95.5%, suggests a stable market with working-class tenants who are likely to be employed and have access to healthcare, making it an attractive option for investors looking for steady rental income.
How does the local economy impact real estate investment in Punxsutawney? +
The top industries in Punxsutawney, including Health Care & Social Assistance, Retail Trade, and Manufacturing, indicate a diverse economy that can support a range of tenants, while the median property value of $93,400 and median property taxes of $1,834 suggest relatively affordable investment opportunities, especially considering the 73.2% homeownership rate and average commute time of 24.4 minutes.
What's the quality of life like for tenants in Punxsutawney, and how does it affect investment? +
With an average commute time of 24.4 minutes and top commute methods including driving alone, carpooling, and walking, Punxsutawney offers a relatively convenient and accessible lifestyle for tenants, which, combined with the high health insurance coverage rate of 95.5% and low foreign born rate of 0.9%, suggests a stable and attractive market for investors looking to minimize turnover and maintain steady cash flow.
How does the demographic makeup of Punxsutawney impact investment potential? +
The predominantly White population, with 98.2% of residents identifying as White, and relatively low poverty rate of 16.9%, combined with a median age of 43.4 and high school graduation rate of 92.1%, suggests a stable and educated tenant base, which can be attractive to investors looking for long-term rentals and minimal vacancy rates, especially in the context of the town's top industries and relatively high homeownership rate.
What are the key factors to consider when evaluating investment opportunities in Punxsutawney? +
Investors should consider the town's relatively high poverty rate of 16.9%, combined with the high health insurance coverage rate of 95.5% and low GINI coefficient of 0.414, which suggests a relatively equal distribution of income, as well as the median property value of $93,400 and average commute time of 24.4 minutes, to determine the overall potential for rental income and property appreciation in Punxsutawney's unique market.

Punxsutawney PA Real Estate & City Facts

Key facts and real estate information about Punxsutawney PA.

What are some of the best neighborhoods to live in Punxsutawney? +
Some of the best neighborhoods to live in Punxsutawney include Punxsutawney South, which is known for being a low-income neighborhood, and other areas with quiet, tree-lined streets. According to Nextdoor, Punxsutawney is a family-friendly neighborhood with a strong sense of community.
What are some fun things to do in Punxsutawney? +
There are plenty of fun things to do in Punxsutawney, including visiting Gobbler's Knob, Phil's Burrow, and the Punxsutawney Weather Discovery Center. You can also explore the Mahoning Shadow Trail, see the Phil statues, and check out the local attractions like the Punxsutawney Municipal Airport and the IUP Punxsutawney and Academy of Culinary Arts.
What is the food scene like in Punxsutawney? +
The food scene in Punxsutawney is diverse, with plenty of great restaurants to choose from. Some popular options include Punxy Phil's Family Restaurant, Punxsy Pizza, and Rumors Tavern. There are also plenty of great food trucks and other eateries to try.
What are the pros and cons of living in Punxsutawney? +
The pros of living in Punxsutawney include its family-friendly atmosphere, quiet streets, and strong sense of community. However, some cons include the low-income neighborhoods and limited job opportunities. Additionally, the town can be quite quiet, which may not be ideal for everyone.
Is Punxsutawney a good place to live? +
Punxsutawney can be a great place to live for those who value a close-knit community and a quiet, small-town atmosphere. While it may not be ideal for everyone, particularly those looking for a more vibrant nightlife or diverse job market, it has its own unique charm and attractions. Ultimately, whether or not Punxsutawney is a good place to live depends on your individual preferences and priorities.
Advertisement