For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

938 Oakland Ave Indiana, PA 15701

Sponsored
For Sale
$1,750,000

High-yield student housing & laundromat.

Description

Added:
Feb 3, 2025
Days on Market:
337
This exceptional commercial property, situated at 938 Oakland Avenue in Indiana, Pennsylvania, presents a lucrative investment opportunity. Ideally located adjacent to Indiana University of Pennsylvania's main campus, this well-maintained building boasts significant street frontage on the heavily trafficked State Route 286/Oakland Avenue. The property encompasses a substantial 0.46-acre lot and offers a unique blend of income streams. The building houses 10 beautifully appointed suites, providing comfortable accommodation for 41 students. A well-established and consistently profitable coin-operated laundromat is also integrated into the property, adding another layer of revenue generation. Further enhancing the property's appeal is a covered courtyard providing ample outdoor space, abundant parking, and full ADA accessibility. A comprehensive security system ensures the safety and security of the building and its occupants. This turnkey operation is ready for immediate income generation and presents a compelling opportunity for both seasoned and new commercial real estate investors seeking a high-return, diversified portfolio addition. The property's prime location, diverse income streams, and excellent condition make it a truly exceptional investment prospect.

Property Features for 938 Oakland Ave

General Information

Property type
Retail properties
Lot Size
20,038 SF

Property Profile Location Intelligence

Current Use by Public Records

Bronze FX Tanning Tanning Salon

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
Indiana
County
Indiana
State
Pennsylvania
Longitude
-79.15707
Latitude
40.62083

FAQs

What type of property is this?
Retail property - High-yield student housing & laundromat.
Where is this retail property located?
The property is located at 938 Oakland Ave Indiana, PA.
What is the asking price?
The asking price for this property is $1,750,000.
More about this property
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