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15 Eastgate Ave Monessen, PA 15062

For Sale
$650,000

Versatile Multi-Unit Building, High Income Potential

Description

Added:
Feb 3, 2025
Days on Market:
312
This exceptional commercial property at 15 Eastgate Ave, Monessen, PA, presents a unique investment opportunity. Located in the Gateway Business District with B-3 zoning, this two-level brick building boasts a substantial 15,952 square feet of space across two levels. The property sits on a 0.84-acre lot and includes a large, paved parking lot accommodating 50+ vehicles, providing ample parking for tenants and visitors. The upper level, exceeding 7,000 square feet, currently functions as a recreational hall, complete with two exterior entrances, a loading dock, bar area, kitchen, five bathrooms (one with a dressing area), office space, and extensive storage. This space is immediately rentable as a social hall. The lower level, accessible via its own entrance from a well-maintained parking lot and sidewalk encircling the building, offers an additional 7,952 square feet of leasable space. Currently occupied by a dental practice, beauty salon, and at least three other tenants, this level provides significant rental income potential. The building's solid construction and versatile layout offer numerous possibilities for future development and income generation. The property's prime location and ample parking make it an attractive option for a wide range of businesses. This is a rare opportunity to acquire a substantial commercial property with immediate income potential and significant upside. The asking price is $650,000.

Property Features for 15 Eastgate Ave

General Information

Property type
Other commercial real estate
Lot Size
36,590 SF

Building Details

Year Built
1950

Property Profile Location Intelligence

Current Use by Public Records

Cicchini Dental LLC Dentist Patton Electric LLC Electrician Cicchini Joseph M ... Dentist Obsessions Beauty Bar Beauty Salon

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Monessen
County
Westmoreland
State
Pennsylvania
Longitude
-79.87288
Latitude
40.15946

FAQs

What type of property is this?
Commercial real estate - Versatile Multi-Unit Building, High Income Potential
Where is this commercial real estate located?
The property is located at 15 Eastgate Ave Monessen, PA.
What is the asking price?
The asking price for this property is $650,000.
More about this property
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