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    1158 Fruit Ave Farrell, PA 16121

    For Sale
    $299,000

    Profitable Store & Apartment, Great Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional retail property at 1158 Fruit Ave, Farrell, PA presents a unique investment opportunity. The existing business, operating successfully for over 50 years, offers a turnkey operation with fully stocked coolers and shelves, ready for immediate income generation. Supplementing the core retail sales are additional revenue streams from lottery sales, skill games, and ATM machines. The building itself boasts several recent upgrades, including a rubber roof replacement completed just two years ago. Mechanical systems are well-maintained, featuring a gas furnace with air conditioning, a Reznor heater, and a newer hot water tank. The property also benefits from a robust 200-amp electrical service. Upstairs, a two-bedroom apartment offers further income potential, currently vacant but previously rented for $700 per month. While requiring some cosmetic updates and minor repairs, this unit represents a significant opportunity to increase overall profitability. The property sits on a 0.07-acre lot and is offered at $299,000. The dry basement provides ample storage space. This is a rare chance to acquire a well-established, income-producing property with significant upside potential in a desirable location. The long history of success and diverse revenue streams make this an attractive investment for both seasoned and aspiring entrepreneurs.

    Property Features for 1158 Fruit Ave

    General Information

    Property type
    Retail properties
    Lot Size
    3,049 SF

    Building Details

    Year Built
    1925
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    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
    Farrell
    County
    Mercer
    State
    Pennsylvania
    Longitude
    -80.50072
    Latitude
    41.22086

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    FAQs

    What type of property is this?
    Retail property - Profitable Store & Apartment, Great Location
    Where is this retail property located?
    The property is located at 1158 Fruit Ave Farrell, PA.
    What is the asking price?
    The asking price for this property is $299,000.
    (724) 654-5555
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    1158 Fruit Ave Farrell, PA 16121
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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
    1158 Fruit Ave Farrell, PA 16121
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