Mixed-Use Property with
For Sale
$175,000
1001 W Main Street, Monongahela, PA 15063
ResidentialIncome, Monongahela, PA
Property Size1,400 SF
Lot Size0.06 Acres
Price / SF$125
Days on Market329
Property Features for 1001 W Main Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
C
Zoning description
C
Parking features
On Street
Elementary school district
Ringgold
Middle school district
Ringgold
High school district
Ringgold
Directions
Corner of W Main and10th
Subdivision
Monongahela
Standard status
Active
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
2168
Building Details
Year built
1900
Number of units
3
Roof type
Asbestos Shingle
Listing Agency:
REALTY ONE GROUP GOLD STANDARD
(724) 941-1427
Listed By:
Sandy Odlund · License #AB067730
(724) 413-8655
Added: Oct 11, 2025
Changed: Sep 4
Last Checked: Sep 4 at 10:06PM
MLS# 1725015
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 building combines a street-facing commercial component with two residential apartments. The storefront contains approximately 1400 SQ. ft. +/- per county records, including rear storage and a 1/2 bath. It is currently rented and can be reconfigured into two commercial units, each with its own entrance from the street. The apartments each offer one bedroom and one bath, while the commercial space and apartments have separate utilities.
Located at 1001 W Main Street in Monongahela, the property occupies 0.06 acres and provides on-street parking. The building dates to 1900 and carries C zoning. The roof is finished with asbestos shingles.
Located at 1001 W Main Street in Monongahela, the property occupies 0.06 acres and provides on-street parking. The building dates to 1900 and carries C zoning. The roof is finished with asbestos shingles.
Key Highlights
- Approximately 1400 SQ. ft. storefront with back‑room storage and a 1/2 bath
- Storefront currently rented
- Commercial area can be divided into 2 units with separate street‑facing entrances
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
NOI $14,175 @ 7.0% cap · market cap 8.10%
Second Best
Retail
$201.6K
$176.4K – $235.2K
NOI $14,112 @ 7.0% cap · market cap 8.06%
Theoretical Best
Specialty Retail
$431.4K
$377.5K – $503.3K
NOI $30,197 @ 7.0% cap · market cap 17.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
476
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Street-facing commercial space is paired with two one-bedroom apartments and separate utility service.
Where is this mixed-use property located?
The property is located at 1001 W Main Street 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 1400 SQ. ft. storefront with back‑room storage and a 1/2 bath; Storefront currently rented; Commercial area can be divided into 2 units with separate street‑facing entrances
