Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Property with Apartment Above Title is generated by Realmo AI

    1201 Merchant St, Ambridge, PA 15003

    View on Map
    Claim this Listing
    For Sale
    $99,900

    Unique commercial property with apartment in historic district.

    Lot size:
    0.16 Acres
    Added:
    Nov 21, 2025
    Days on Market:
    190
    Last Refresh:
    Apr 5 at 8:40 pm

    Property Features for 1201 Merchant St

    General Information

    Standard status
    Active
    Lot size
    0.16 Acres

    We can help!

    Listing Contact
    Stacy and Emanuel Romanias
    Stacy and Emanuel Romanias

    Listing agent Stacy and Emanuel Romanias

    Listing office BERKSHIRE HATHAWAY THE PREFERRED REALTY

    Listing date Nov 21, 2025

    Source Exprealty

    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 BERKSHIRE HATHAWAY THE PREFERRED REALTY

    HighLights

    • Prime location at the entrance to the Charming Historic District.
    • Unique commercial property with an apartment above, offering versatile use.
    • Access from three sides (12th St to Wagner).
    • 8 off‑street parking spaces in addition to on‑street parking.
    • Apartment has a separate entrance.
    • Consists of two parcels: 1201 Merchant and 291 12th St.

    Overview

    This unique commercial property features an apartment above and is situated at the entrance to a charming historic district characterized by tree-lined streets and paver walkways. The apartment has a separate entrance. The property occupies an entire block, stretching from corner to corner between 12th Street and Wagner Street, providing access from three sides. In addition to on-street parking, the property includes 8 off-street parking spaces. The property consists of two parcels: 1201 Merchant and 291 12th St. The location offers possibilities for new development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -80.2308
    Latitude
    40.5948

    Nearby Similar for Sale

    • $710,000

      Historic Mixed-Use Building in Ambridge

      Fully occupied retail and residential units in prime business district.
      601 Merchant, Ambridge, PA 15003
      View Details
    • $1,500,000

      Ambridge Mixed-Use Building For Sale

      4,000 sq ft mixed-use building with conversion potential.
      304 Duss Ave, Ambridge, PA 15003
      View Details
    • $399,900
      4,050 SF

      Ambridge Church Banquet Hall For Sale

      Banquet hall with kitchen and ample storage in Ambridge, PA.
      750 5th St, Ambridge, PA 15003
      View Details
    • $599,000

      Ambridge Commercial Building with Apartments

      Versatile commercial building with retail space and income-producing apartments.
      598 Merchant Street, Ambridge, PA 15003
      View Details
    • $169,900

      Ambridge Mixed-Use Commercial Building

      Mixed-use building with commercial storefront and two residential units.
      848 Duss Ave, Ambridge, PA 15003
      View Details
    • Contact for pricing
      2,134 SF

      Corner Commercial Building with Drive-Thru

      Flexible commercial space with unique infrastructure in a high-visibility location.
      506 Merchant St, Ambridge, PA 15003
      View Details
    • $395,000
      13,000 SF

      Ambridge Legion Building For Sale

      Unique brick building with high visibility and endless possibilities.
      400 Duss Ave, Ambridge, PA
      View Details
    • $265,000
      26,000 SF

      Historic District Building Renovation Project

      26,000 SF historic building with apartment, renovation opportunity.
      1210-1220 Merchant St, Ambridge, PA
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Unique commercial property with apartment in historic district.
    Where is this mixed-use property located?
    The property is located at 1201 Merchant St Ambridge, PA.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: Prime location at the entrance to the Charming Historic District.; Unique commercial property with an apartment above, offering versatile use.; Access from three sides (12th St to Wagner).
    (412) 367-3200
    We can help!
    Listing Contact
    Stacy and Emanuel Romanias
    Stacy and Emanuel Romanias
    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

    Thank You for Inquiry
    1201 Merchant St, Ambridge, PA, 15003-2253
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!