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    314-316 Clay Ave Jeannette, PA 15644

    For Sale
    $249,900

    Prime Retail Space, 15,000 sq ft

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This stunning 1927 landmark building, formerly the GC Murphy store, presents a unique opportunity for retail investors. Boasting 15,000 square feet of retail space spread across three levels, this property offers exceptional versatility. The building has been meticulously restored, showcasing its original architectural beauty. The main level features two sets of stairs providing convenient front and rear access to all floors. The upper level includes a complete en-suite bathroom, adding to the property's functionality. Modern updates include a completely overhauled electrical system, a new HVAC system, updated plumbing, and a state-of-the-art security alarm system. Situated on a 0.11-acre lot in the vibrant city of Jeannette, Pennsylvania, this property is ideally positioned for a variety of retail uses. Its prominent location and historical significance offer a compelling combination of character and commercial potential. The substantial square footage allows for diverse layouts and configurations, catering to a wide range of business needs. This is a rare chance to acquire a piece of Jeannette's history and establish a thriving retail presence in a well-established community. The property is priced at $249,900. Don't miss this exceptional investment opportunity.

    Property Features for 314-316 Clay Ave

    General Information

    Property type
    Retail properties
    Lot Size
    4,792 SF

    Building Details

    Year Built
    1927
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Jeannette
    County
    Westmoreland
    State
    Pennsylvania
    Longitude
    -79.61765
    Latitude
    40.32686

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, 15,000 sq ft
    Where is this retail property located?
    The property is located at 314-316 Clay Ave Jeannette, PA.
    What is the asking price?
    The asking price for this property is $249,900.
    (724) 832-2300
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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
    314-316 Clay Ave Jeannette, PA 15644
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