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    501 Franklin Ave Aliquippa, PA 15001

    For Sale
    $250,000

    Prime Retail Space, Huge Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This remarkable historical landmark, located at 501 Franklin Avenue in Aliquippa, Pennsylvania, presents a unique investment opportunity. The property, formerly a Union Hall, boasts a substantial footprint spread across three levels. The main level features a generously sized 75x40 foot open space, ideal for a variety of retail uses. Below ground, a large 40x55 foot basement offers ample storage or additional development potential. Upstairs, a massive 85x40 foot office area provides flexibility for administrative functions or expansion of the main retail space. Constructed of durable stone and steel, the building has undergone significant recent improvements. These include a brand new roof, a completely updated heating and air conditioning system, and new plumbing throughout, ensuring modern functionality and reduced maintenance costs. The property also includes an undeveloped green space, offering the possibility of creating additional parking to enhance the property's appeal and functionality. With its prime location in Aliquippa and its impressive size and recent renovations, this property represents a rare chance to acquire a significant piece of local history and transform it into a thriving commercial enterprise. The asking price is $250,000, and the lot size is 0.17 acres. This is a truly exceptional opportunity for a discerning investor.

    Property Features for 501 Franklin Ave

    General Information

    Property type
    Retail properties
    Lot Size
    7,405 SF

    Building Details

    Year Built
    1927
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Spa & Massage Clothing Store Food Market Grocery Store Gym & Fitness Skin Care Clinic Pharmacy Building Supply Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Aliquippa
    County
    Beaver
    State
    Pennsylvania
    Longitude
    -80.24834
    Latitude
    40.61528

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, Huge Potential
    Where is this retail property located?
    The property is located at 501 Franklin Ave Aliquippa, PA.
    What is the asking price?
    The asking price for this property is $250,000.
    (412) 534-9169
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    501 Franklin Ave Aliquippa, PA 15001
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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
    501 Franklin Ave Aliquippa, PA 15001
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