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    1385 Wayne Ave Indiana, PA 15701

    Sponsored
    For Sale
    $495,000

    Versatile building, high visibility, 1.5 acres.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property located at 1385 Wayne Avenue in Indiana, Pennsylvania, presents a unique opportunity for a variety of businesses. Situated on a prominent 1.5-acre lot, this former auto dealership boasts impressive street visibility, ensuring high traffic and excellent exposure for your enterprise. The building itself offers a diverse range of spaces perfectly suited for a multitude of commercial uses. A spacious showroom provides ample room for displays and customer interaction, while dedicated office space offers a professional environment for administrative tasks and client meetings. Multiple garage bays are ideal for automotive repair, storage, or other industrial applications, providing significant operational flexibility. Furthermore, substantial storage areas are available, catering to inventory needs or archiving requirements. The property's versatility makes it an attractive option for businesses in automotive sales, service-based industries, or any commercial operation requiring a combination of showroom, office, and workshop space. Its prime location and extensive features make this a truly exceptional opportunity to establish or expand your business in a thriving community. The asking price is $495,000. Serious inquiries only.

    Property Features for 1385 Wayne Ave

    General Information

    Property type
    Investment properties
    Lot Size
    65,340 SF

    Building Details

    Year Built
    1965
    Property Profile Location Intelligence

    Current Use by Public Records

    Smart Start Ignition ... Safety Equipment Supplier

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Dental Office Hair Salon Auto Repair Shop Auto Parts Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indiana
    County
    Indiana
    State
    Pennsylvania
    Longitude
    -79.16174
    Latitude
    40.59597

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    FAQs

    What type of property is this?
    Investment property - Versatile building, high visibility, 1.5 acres.
    Where is this investment property located?
    The property is located at 1385 Wayne Ave Indiana, PA.
    What is the asking price?
    The asking price for this property is $495,000.
    (412) 486-6116
    Request Owner's contact information
    1385 Wayne Ave Indiana, PA 15701
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    Indiana, PA 15701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1385 Wayne Ave Indiana, PA 15701
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