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    10 Penn Ave Greenville, PA 16125

    For Sale
    $850,000

    Versatile 16,584 sq ft building, prime location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This expansive commercial property at 10 Penn Avenue in Greenville, PA, presents a unique investment opportunity. Boasting a total of 16,584 square feet, the building offers incredible versatility. The main level encompasses over 14,475 square feet, ideal for a variety of uses including office space, restaurant operations, storage, and reception areas. A significant advantage is the inclusion of a loading dock, facilitating efficient unloading and storage – particularly beneficial for e-commerce businesses. The lower level adds another 2,109 square feet of finished space, expanding the property's overall utility. The existing layout is exceptionally well-suited for educational purposes, with a designated restaurant area that could easily function as a cafeteria or culinary arts space. The property's adaptability allows for subdivision into multiple lease options, catering to diverse tenant needs. Constructed in 1969 with a substantial addition in 1997, the building has undergone several upgrades in recent years, ensuring its continued functionality and appeal. Situated on a half-acre lot, this property offers ample space and significant potential for a wide range of commercial ventures. The asking price is $850,000.

    Property Features for 10 Penn Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    21,780 SF

    Building Details

    Year Built
    1969
    Property Profile Location Intelligence

    Current Use by Public Records

    Ark One Handyman/Handywoman/Handyperson americanabacus Business Management Consultant American Scholar Group School Creative Digital Venture ... Design Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Mercer
    State
    Pennsylvania
    Longitude
    -80.38722
    Latitude
    41.40639

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile 16,584 sq ft building, prime location.
    Where is this commercial real estate located?
    The property is located at 10 Penn Ave Greenville, PA.
    What is the asking price?
    The asking price for this property is $850,000.
    (724) 588-1810
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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
    10 Penn Ave Greenville, PA 16125
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