Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9 7Th St Indiana, PA 15701

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $998,500

    Prime Retail/Office Space, 12,000 sq ft.

    Property Features for 9 7Th St

    General Information

    Property type
    Retail properties & Spaces

    We can help!

    Listing Contact
    Bonnie Houck

    Listing Agency: BERKSHIRE HATHAWAY THE PREFERRED REALTY Listing Agent: Bonnie Houck

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 12,000 square foot commercial property located at 9 N 7th Street in Indiana, PA, presents a unique opportunity for businesses seeking a prominent downtown presence. Boasting stunning views of the city center from nearly every window, this versatile space is ideal for a variety of uses. Currently configured as a corporate office space, the property features approximately 35 individual offices, multiple conference rooms, well-appointed kitchens, and ample restroom facilities. The design prioritizes both productivity and comfort, creating a welcoming and efficient work environment. The layout is highly adaptable, allowing for flexible configurations to suit a single large tenant or multiple smaller businesses. The potential for subdivision offers significant flexibility to tailor the space to specific operational needs. This prime location offers unparalleled visibility and accessibility, making it an exceptional investment opportunity in the heart of Indiana. The asking price is $998,500. The property sits on a 0-acre lot. This is a retail property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bolkovac Law Offices Law Firm Shannon Sottile - Mosaic ... Financial Advisor Sheri L Kunkle ... Real Estate Agency Pndx Medical Clinic New Story Crisis Center

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Indiana
    County
    Indiana
    State
    Pennsylvania
    Longitude
    -79.15326
    Latitude
    40.62339

    Nearby Similar for Sale

    • $349,900
      Pending

      Indiana Boro Retail Space Available

      10,000 SF retail space in Indiana Boro, PA.
      701 Philadelphia St, Indiana, PA 15701
      View Details
    • $249,900
      4,000 SF

      Downtown Indiana Mixed-Use Opportunity

      Turn-key mixed-use property with retail space and apartments in downtown.
      43 6Th St, Indiana, PA 15701
      View Details
    • $249,900
      0.06 Acres

      Turn-Key Mixed-Use Downtown Opportunity

      Mixed-use property with retail space and two move-in-ready apartments.
      43 6Th St, Indiana, PA 15701
      View Details
    • $200,000
      0.09 Acres

      Duplex on Philadelphia Street

      Well-maintained duplex with strong rental potential in Indiana Boro.
      1023 Philadelphia St, Indiana, PA 15701
      View Details
    • $249,000
      0.06 Acres

      Mixed-Use Property in Downtown Indiana

      Turn-key retail and residential income property in a desirable location.
      43 N 6Th St, Indiana, PA 15701
      View Details
    • $259,900
      0.04 Acres

      Turn-Key Office with Income Potential

      Move-in ready office with apartment in a convenient location.
      132 S 7Th St, Indiana, PA 15701
      View Details
    • $899,900

      Downtown Indiana Office/Retail Space

      Versatile office/retail space with downtown views in Indiana, Pennsylvania.
      9 N 7Th St, Indiana, PA 15701
      View Details
    • Contact for pricing
      11,118 SF

      Freestanding Building with Drive-Thru

      Freestanding building with drive-thru near Indiana University of Pennsylvania.
      375 Philadelphia St, Indiana, PA 15701
      View Details
    • $4,636,896
      11,945 SF

      CVS Pharmacy with Health HUB

      CVS Pharmacy with Health HUB and Minute Clinic.
      2501 Warren Rd, Indiana, PA 15701
      View Details
    • Contact for pricing
      7,926 SF

      New Texas Roadhouse Investment Property

      Newly built, corporate guaranteed Texas Roadhouse investment property for sale.
      2920 Oakland Ave, Indiana, PA 15701
      View Details
    • $2,200,000
      45,873 SF

      65-Unit Multifamily Investment Opportunity

      65 units near campus and downtown Indiana, PA.
      412 S 13Th St, Indiana, PA 15701
      View Details
    • $11,000,000

      IUP Student Housing Opportunity

      Student housing complex near Indiana University of Pennsylvania for sale.
      1156 Grant St, Indiana, PA 15701
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Retail/Office Space, 12,000 sq ft.
    Where is this retail property located?
    The property is located at 9 7Th St Indiana, PA.
    What is the asking price?
    The asking price for this property is $998,500.
    (724) 349-8040
    Request Owner's contact information
    9 7Th St Indiana, PA 15701
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9 7Th St
    Indiana, PA 15701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    9 7Th St Indiana, PA 15701
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Bonnie Houck
    (724) 349-8040 (724) 422-1960 (724) 314-4590
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!