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    1070 Wayne Ave Indiana, PA 15701

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    For Sale
    $389,000

    Updated commercial building with tenant and residential lease in place.

    Property size:
    2,382 SF
    Lot size:
    0.13 Acres

    Property Features for 1070 Wayne Ave

    General Information

    Size
    2,382 SF
    Lot size
    0.13 Acres

    Source: BHHS - The Preferred Realty | Indiana Agent Kathy Steffee

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

    Overview

    Updated Commercial Investment Building

    This updated commercial investment building is located in a desirable area. The interior features rooms with new luxury vinyl flooring installed in 2021. A tenant is committed for 2 years on the main level, and the upper level has a residential lease. The property includes a paved parking lot and an extra parking area, with handicap parking and accessibility. The main level features an entrance/welcoming area, two side area rooms, and a back area with a gas fireplace and additional rooms. The upper level contains a luxury apartment with two bedrooms, a full bath, a kitchen with new appliances, a center area that can be used as an office or entertaining area, and a laundry room with a washer and dryer. The upper level also features luxury vinyl. The property size is 2382 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Indiana
    County
    Indiana
    State
    Pennsylvania
    Longitude
    -79.157894
    Latitude
    40.612951

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    FAQs

    What type of property is this?
    Retail space - Updated commercial building with tenant and residential lease in place.
    Where is this retail space located?
    The property is located at 1070 Wayne Ave Indiana, PA.
    What is the asking price?
    The asking price for this property is $389,000.
    What are key features of this property?
    This property features: - Prime location in a high-demand area of Indiana County.; - Turnkey investment property with existing tenants on both commercial and residential levels.; - **Fully updated interior and exterior**, including new luxury vinyl flooring (2021) and modern finishes.
    (724) 464-9200
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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
    1070 Wayne Ave Indiana, PA 15701
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