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Mixed-Use Property with Storefront
For Sale
$175,000

1001 W Main St, Monongahela, PA 15063

CommercialSale, Monongahela, PA

Property Size1,400 SF
Lot Size0.06 Acres
Price / SF$125
Days on Market321

Property Features for 1001 W Main St

General Information

Property type Commercial Sale
Property subtype Retail
Zoning C
Zoning description C
Directions Corner of West Main and 10th
Subdivision Monongahela
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 2168

Building Details

Year built 1900
Listing Agency: REALTY ONE GROUP GOLD STANDARD
Listed By: Sandy Odlund · License #RS306259
Added: Oct 11, 2025 Changed: Aug 26 Last Checked: Aug 27 at 2:06PM
MLS# 1725019

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 mixed-use property combines a storefront with two one-bedroom, one-bath apartments. The retail area measures approximately 1,400 square feet and includes rear storage and a half bath. Its layout can be reconfigured into two separate units, each with its own entrance facing the street. The storefront is currently rented.

The apartments and storefront have separate utilities, with the storefront treated as one utility unit. Built in 1900, the property occupies 0.06 acres at 1001 W Main St in Monongahela, Pennsylvania, and carries C zoning.

Key Highlights

  • Approximately 1,400‑square‑foot storefront with rear storage and a half bath
  • Storefront can be divided into 2 units with separate street‑facing entrances
  • Two 1‑bedroom, 1‑bath apartments

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,175
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.10%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$283,500 $283.5K
Cap Rate 7%
$202,500 $202.5K
Cap Rate 9%
$157,500 $157.5K
Market Conditions
NOI Build-Up for 1,400 SF 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.
Gross rent
$25.2K $18.00/SF
− Vacancy
−$2.5K −$1.80/SF
EGI
$22.7K $16.20/SF
− OpEx
−$8.5K −$6.07/SF
NOI
$14.2K $10.13/SF
Area
Washington County, PA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$283,500
Cap Rate 7%
$202,500
Cap Rate 9%
$157,500

Alternative Uses

Best Use
Mixed Use
$202.5K
$177.2K – $236.3K (±1% cap)
NOI $14,175 @ 7.0% cap · market cap 8.10%
Second Best
Retail
$201.6K
$176.4K – $235.2K (±1% cap)
NOI $14,112 @ 7.0% cap · market cap 8.06%
Theoretical Best
Specialty Retail
$431.4K
$377.5K – $503.3K (±1% cap)
NOI $30,197 @ 7.0% cap · market cap 17.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Bakery (Bike/Boat/Book/etc) Store Garden Center Catering Service Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

476
Businesses Nearby

Demographics for 15063, PA

11,003
Population
5,045
Households
2.2
Avg Household Size
48
Median Age
25%
College-Educated
93%
High-School Grad
27.4 sq mi
ZIP Area
402
Density / Sq Mi
$65,274
Median Household Income
$42,314
Median Earnings
$862
Median Rent
$149,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two one-bedroom apartments accompany a currently rented retail area with separate utility service.
Where is this mixed-use property located?
The property is located at 1001 W Main St Monongahela, PA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Approximately 1,400‑square‑foot storefront with rear storage and a half bath; Storefront can be divided into 2 units with separate street‑facing entrances; Two 1‑bedroom, 1‑bath apartments
More about this property
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