Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    651 11th St Ambridge, PA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Freestanding 18,279 SF retail space available for sublease.

    Type:RETAIL
    Property size:
    18,279 SF
    Lot size:
    2.51 Acres
    Added:
    Mar 19, 2025
    Days on Market:
    407
    Last Refresh:
    Apr 5 at 9:55 pm

    Property Features for 651 11th St

    General Information

    Standard status
    Active
    Size
    18,279 SF
    Lot size
    2.51 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 651 11th St Contact us

    We can help!

    Listing Contact
    Brad Rohrbaugh

    Listing agent Brad Rohrbaugh

    Listing office Bennett Williams Commercial - Lancaster

    Listing date Mar 19, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Bennett Williams Commercial - Lancaster

    Overview

    Ambridge Retail Opportunity on 11th

    Located in Ambridge, Pennsylvania, the former Bottom Dollar location offers an opportunity to enter the retail market in Western Pennsylvania. The freestanding building, situated on 11th Street, encompasses 18,279 square feet and is available for long-term sublease. The property is located near national tenants, including Rite Aid, Advance Auto Parts, and Cobblestone Inn & Suites. The space is suitable for various uses, such as retail, medical, and service-oriented businesses. The original lease expires on December 31, 2031, and the space can be subdivided. The property on 11th Street benefits from high traffic volume and visibility, with 4,389 vehicles per day. It also offers convenient access to Route 65 (24,619 VPD) and Route 51 (5,535 VPD), which provides a direct route into Pittsburgh.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bottom Dollar Food Grocery & Convenience Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Ambridge
    County
    Beaver
    State
    Pennsylvania
    Longitude
    -80.2275
    Latitude
    40.5947

    Nearby Similar for Lease

    • $650/Mo

      Ambridge Office Space For Rent

      Private main level office space in Ambridge, PA. All utilities included.
      233 Merchant St Suite 190, Ambridge, PA 15003
      View Details
    • $800/Mo

      Private Office in Shared Space

      Main level office space with utilities included and shared amenities.
      233 Merchant St. Suite 500, Ambridge, PA 15003
      View Details
    • $1,750,000 SF/Yr

      Well-Maintained Multifamily Building in Ambridge

      26-unit multifamily building with immediate income and long-term stability.
      111-121 Locust Street, Ambridge, PA 15003
      View Details
    • $1,000/Mo

      Prime Commercial Space on Duss

      Commercial space suitable for retail or service businesses.
      1513 Duss Ave, Ambridge, PA
      View Details
    • $9 SF/Yr

      Ambridge Warehouse with Office Space

      16,380 SF warehouse with office space available for sublease.
      2301 Duss Avenue, Ambridge, PA
      View Details

    FAQs

    What type of property is this?
    Retail space - Freestanding 18,279 SF retail space available for sublease.
    Where is this retail space located?
    The property is located at 651 11th St Ambridge, PA.
    What are key features of this property?
    This property features: Excellent visibility on highly traveled 11th Street (4,389 VPD) and convenient proximity to Route 65 (24,619 VPD) and Route 51 (5,535 VPD).; **18,279 square feet freestanding building available for long term sublease.**; Located near national tenants such as Rite Aid and Advance Auto Parts.
    (717) 843-5555 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Brad Rohrbaugh
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!