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    618 Fallowfield Ave Charleroi, PA 15022

    For Sale
    $79,000

    Prime Retail Space w/ Rental Income

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This captivating historic storefront building at 618 Fallowfield Ave, Charleroi, PA, presents a unique investment opportunity. The main level features beautiful original hardwood floors and ample space, perfect for a variety of retail or commercial ventures. A separate area on the main level is ideally suited for an additional rental unit, offering flexible income potential. Adding to the income stream, a second-floor rental unit is currently generating revenue. The property also includes a basement offering additional garage space, suitable for storage or as a rentable asset. The 0.05-acre lot ensures convenient access and visibility. This building's blend of historic charm and functional versatility makes it an exceptional choice for investors seeking both commercial and residential income. Its location in a high-traffic area guarantees excellent visibility and accessibility, maximizing its potential for success. The property is priced at $79,000 and offers a compelling combination of established rental income and significant potential for future growth. The building's size is not specified, but the combination of main level retail space, a separate rental area, a second-floor rental unit, and basement storage provides substantial square footage. This property is ready for a new owner to capitalize on its many income-generating possibilities and prime location.

    Property Features for 618 Fallowfield Ave

    General Information

    Property type
    Retail properties
    Lot Size
    2,178 SF
    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
    Charleroi
    County
    Washington
    State
    Pennsylvania
    Longitude
    -79.89973
    Latitude
    40.13961

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space w/ Rental Income
    Where is this retail property located?
    The property is located at 618 Fallowfield Ave Charleroi, PA.
    What is the asking price?
    The asking price for this property is $79,000.
    (724) 222-5500
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    618 Fallowfield Ave Charleroi, PA 15022
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    Charleroi, PA 15022
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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
    618 Fallowfield Ave Charleroi, PA 15022
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