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    156 Jefferson St Kittanning, PA 16201

    For Sale
    $229,900

    Versatile Commercial Building with Residential Units

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 8,990 square foot commercial building presents a unique investment opportunity in the vibrant heart of Kittanning, Pennsylvania. Situated on a 0.19-acre lot at 156 S Jefferson St, this property boasts impressive versatility, ideal for a variety of uses. The main commercial space offers two generously sized offices, providing ample room for business operations. Adding to its appeal is significant residential income potential, featuring a two-bedroom, two-and-a-half-bathroom apartment and a one-bedroom, one-bathroom apartment, each capable of generating rental income. Parking is readily available, with convenient metered parking directly in front of the building and a substantial private parking lot spanning 4,432 square feet located at the rear. An oversized garage provides extra storage or workshop space, adding to the property's functionality. A truly unique feature for a downtown location is the inclusion of an indoor, in-ground swimming pool. This remarkable property offers endless possibilities for business ventures, residential living, or a lucrative mixed-use development. Priced at $229,900, this is a chance to acquire a prime commercial property with significant upside potential in a thriving downtown area. The combination of commercial space, residential units, ample parking, and the unique pool feature makes this a truly exceptional offering.

    Property Features for 156 Jefferson St

    General Information

    Property type
    Retail properties
    Lot Size
    8,276 SF

    Building Details

    Year Built
    1954
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cryptid Ink Tattoo Shop Farmers Insurance - Tiffany ... Insurance Agency

    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
    Kittanning
    County
    Armstrong
    State
    Pennsylvania
    Longitude
    -79.51862
    Latitude
    40.81359

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    FAQs

    What type of property is this?
    Retail property - Versatile Commercial Building with Residential Units
    Where is this retail property located?
    The property is located at 156 Jefferson St Kittanning, PA.
    What is the asking price?
    The asking price for this property is $229,900.
    (724) 282-1313
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    156 Jefferson St Kittanning, PA 16201
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    Kittanning, PA 16201
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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
    156 Jefferson St Kittanning, PA 16201
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