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    107-109 State St Sharon, PA 16146

    For Sale
    $150,000

    Four Units, High-Traffic Location, Investment Opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property located at 107-109 E State St, Sharon, PA, presents a unique investment opportunity. The 0.06-acre lot features a four-unit building with diverse rental potential. Three street-level storefronts offer excellent visibility and accessibility, situated in a high-traffic area. One storefront, previously a bank, boasts a spacious open foyer, a private office, a bathroom, a kitchenette, and a secure vault. This unit is currently leased. The adjacent storefront is also currently leased to a party planning business. A third street-level unit, previously a barber shop, is currently vacant and used for storage. The upper two floors, accessed via an interior stairwell (requiring attention), comprise a single unit previously used as a dress shop and art studio. The property benefits from a recently replaced roof, enhancing its long-term value and reducing maintenance concerns. The building's versatile layout and established rental history make it an ideal investment for a savvy buyer seeking a strong return on investment in a thriving commercial district. While the interior stairwell needs repair, the overall condition and prime location make this a compelling opportunity. The property's size and configuration offer flexibility for a variety of commercial uses, allowing for potential expansion or adaptation to meet evolving market demands. Serious inquiries are encouraged.

    Property Features for 107-109 State St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    2,614 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Sharon
    County
    Mercer
    State
    Pennsylvania
    Longitude
    -80.50717
    Latitude
    41.23312

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    FAQs

    What type of property is this?
    Commercial real estate - Four Units, High-Traffic Location, Investment Opportunity
    Where is this commercial real estate located?
    The property is located at 107-109 State St Sharon, PA.
    What is the asking price?
    The asking price for this property is $150,000.
    (724) 981-9771
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    Sharon, PA 16146
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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
    107-109 State St Sharon, PA 16146
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