52 West Main Street Uniontown, PA 15401

Building Details

Buildings

1

Stories

12

Units

71

Listing agent Keane Show Phone

Listing office k***@svn.com Show Phone

Listing date Jan 29, 2025

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Investment Insights

Based on property information with market context.

The Fayette Building, the tallest structure in Uniontown, Pennsylvania, presents an investment opportunity. This 12-story building features a mix of residential and commercial spaces. Currently, the property includes 70 multi-family units located on floors 8-11, along with a 10-bedroom owner's apartment on the 6th floor. Floors 1-5 and 7 offer various commercial spaces, including a banquet/event space on the ground floor. A 93-car parking lot is included. The building has a current 6.3% cap rate. There is over 102,609 square feet of vacant space, offering the opportunity to add approximately 160 more apartments and expand first-floor retail. The building's size is 211,559 square feet. The property's historic nature may qualify for tax credits. The building is located in the heart of the city.

Key Highlights

• In place 6.3% cap rate with an additional 102,609+/- SF of vacant space to add value
• 71 Apartments / 93 Car Parking Lot - current setup
• Potential for a total of Approximately 160 apartments plus first floor retail

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FAQs

What type of property is this?

Multifamily property - A historic 12 story Fayette Building in the heart of Uniontown, PA

Where is this multifamily property located?

The property is located at 52 West Main Street Uniontown, PA.

What is the asking price?

The asking price for this property is $4,500,000.

What are key features of this property?

This property features: In place 6.3% cap rate with an additional 102,609+/- SF of vacant space to add value; 71 Apartments / 93 Car Parking Lot - current setup; Potential for a total of Approximately 160 apartments plus first floor retail