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Mixed-Use Property with Multiple Buildings
New
For Sale
$900,000

103 Serene Ln, Butler, PA 16002

Several structures combine residential space with commercial facilities and outdoor amenities.

Property SizeContact for details
Days on Market7

Property Features for 103 Serene Ln

General Information

Standard status Active
Property subtype Business

Additional Details

Patio Yes

Taxes and HOA fees

Annual Taxes $6,632

Amenities

outdoor patio
ponds
former golf course
trail access
pavilion
lean-to

Building Details

Tenancy Multi
Listing Agency: EPIQUE REALTY
Listed By: Sadler Priest · License #RS331942
Source: Nelsonrealtypa
Added: Oct 1 Changed: Oct 6 Last Checked: Oct 5 at 11:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EPIQUE REALTY

Investment Insights

Based on property information with market context.

Spanning nearly 24 acres, the property includes a former restaurant and bar area with an outdoor patio, a butcher shop, two residences, a pavilion, and a lean-to. One residence has 2 bedrooms, 2 bathrooms, and an attached 2-stall garage; the other is a 1-bedroom, 1-bath apartment with its own 2-stall garage. The butcher shop has multiple walk-in coolers and freezer space. Both the shop and apartment are currently rented.

The grounds include several ponds, land that was part of a golf course, and proximity to Rails to Trails. The mix of commercial and residential buildings is complemented by outdoor areas across the acreage.

Key Highlights

  • Nearly 24 acres with multiple buildings and ponds
  • Butcher shop includes multiple walk‑in coolers and freezer space; currently rented
  • Rented 1‑bedroom, 1‑bath apartment with a 2‑stall garage

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Garden Center Restaurant Grocery & Convenience Store Butcher

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby

Demographics for 16002, PA

15,379
Population
6,573
Households
2.3
Avg Household Size
47
Median Age
26%
College-Educated
96%
High-School Grad
73.3 sq mi
ZIP Area
210
Density / Sq Mi
$82,676
Median Household Income
$40,159
Median Earnings
$787
Median Rent
$256,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Several structures combine residential space with commercial facilities and outdoor amenities.
Where is this mixed-use property located?
The property is located at 103 Serene Ln Butler, PA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Nearly 24 acres with multiple buildings and ponds; Butcher shop includes multiple walk‑in coolers and freezer space; currently rented; Rented 1‑bedroom, 1‑bath apartment with a 2‑stall garage
More about this property
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