Industrial Building with
10 3rd St. Charleroi, PA 15022
10 3rd St., Charleroi, PA, 15022
$499,000
For Sale
$499,000
SINGLE_FAMILY - Charleroi, PA
Property Size10,000 SF
Lot Size0.74 Acres
Price / SF$49.90
Days on Market106
Property Features for 10 3rd St.
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- Comm
- Parking
- 20
- Standard status
- Active
- Lot size
- 0.74 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7500
Listing agency
CENTURY 21 FRONTIER REALTY
(724) 929-2180
Listed by
Jeffrey Dawson
(724) 929-2180
Added: Apr 8 Updated: Jun 30 at 8:18PM Checked: Jul 22 at 7:06AM
MLS# 1747401
Copyright © 2026 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property is a 10,000+ square foot industrial building with newly remodeled offices and conference rooms, alongside a large warehouse-shop area. The warehouse features 18-foot ceilings and three 12-foot garage doors for entry and exit into the shop. Inside, the concrete floor includes drainage and there is ample heating/electric identified for manufacturing needs. The machine shop is described with a loading dock, welding area, and large storage yard, and there is also a second-floor level with three additional storage/conference rooms or an apartment option.
The building is located in an easy-access setting about 1 mile off interstate 70, providing convenient access into an industrial park. The property also notes river frontage.
For tenants, manufacturers, and operators, the combination of office improvements, dock and welding support, and the warehouse configuration with overhead doors is suited to warehousing, manufacturing, or distribution center use. The described heating/electric, drainage concrete, and 2025 rubber roof replacement add operational readiness for industrial workflows. The second-floor flex space can support additional storage, meetings, or an on-site living option if desired.
The building is located in an easy-access setting about 1 mile off interstate 70, providing convenient access into an industrial park. The property also notes river frontage.
For tenants, manufacturers, and operators, the combination of office improvements, dock and welding support, and the warehouse configuration with overhead doors is suited to warehousing, manufacturing, or distribution center use. The described heating/electric, drainage concrete, and 2025 rubber roof replacement add operational readiness for industrial workflows. The second-floor flex space can support additional storage, meetings, or an on-site living option if desired.
Key Highlights
- 10,000+ SF building with office/conference space plus a large warehouse, shop, and storage areas
- Shop/warehouse has 18‑ft ceilings, concrete floors with drainage, and (3) 12‑ft garage doors for entry/exit
- Heating and electric available for manufacturing needs, with a dedicated machine shop plus welding area and loading dock
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.4k | $5.04 |
| − Vacancy | −$2.0k | −$0.20 |
| EGI | $48.4k | $4.84 |
| − OpEx | −$16.9k | −$1.69 |
| NOI | $31.4k | $3.14 |
10,000 SF · lease $5.04/SF/yr · vacancy 4.00% · expense 35.00%
Alternative Uses
Best Use
Warehouse
$1.07M
$938.8K – $1.25M
NOI $75,101 @ 7.0% cap · market cap 15.05%
Second Best
Industrial
$883.5K
$773.1K – $1.03M
NOI $61,848 @ 7.0% cap · market cap 12.39%
Theoretical Best
Specialty Retail
$3.08M
$2.70M – $3.59M
NOI $215,693 @ 7.0% cap · market cap 43.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Vagabond Taco Truck — 437 McKean Ave, Charleroi, PA 15022
FAQs
What type of property is this?
Flex space - Remodeled office space and a warehouse with 18-foot ceilings and three 12-foot garage doors support multiple industrial uses.
Where is this flex space located?
The property is located at 10 3rd St. Charleroi, PA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 10,000+ SF building with office/conference space plus a large warehouse, shop, and storage areas; Shop/warehouse has 18‑ft ceilings, concrete floors with drainage, and (3) 12‑ft garage doors for entry/exit; Heating and electric available for manufacturing needs, with a dedicated machine shop plus welding area and loading dock
