Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6 S Main St Washington, PA 15301

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime retail/restaurant space in a well-known Washington, PA location.

    Property size:
    50,000 SF

    Property Features for 6 S Main St

    General Information

    Size
    50,000 SF

    We can help!

    Listing Contact
    Nathan Pazsint
    Source: Svn

    Listing Agent: Nathan Pazsint

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

    Learn more

    Overview

    Downtown Washington Retail/Restaurant Space

    This 2,500 SF retail/restaurant space is located in the Washington Trust Building in Downtown Washington, PA, below newly redeveloped and fully occupied residential apartments. The location is walkable from Washington and Jefferson University, providing access to a robust student demographic. The property benefits from prominent frontage and excellent parking options, with high foot and auto traffic. It is situated across from the Washington County Courthouse and is minutes from I-79 and Tanger Outlets. A tenant improvement allowance is available. The City of Washington is offering a $50,000 grant for new retail lease tenants.
    Location Intelligence

    Current Use by Public Records

    Big Brothers Big ... Youth Organization WesBanco Bank Bank Mounts Engineering & Surveying Land Surveyor YARUSSI + DRUCTOR, LLC ... Criminal Justice Attorney Hopwood Inc Temp Agency

    Suggested Use

    Realty agency Restaurant Law Firm 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
    Washington
    County
    Washington
    State
    Pennsylvania
    Longitude
    -80.244899
    Latitude
    40.170893

    Nearby Similar for Sale

    • New
      $730,000
      5,208 SF

      Freestanding Office Property on 2 Acres

      5208 sq ft office building on 2 acres.
      590 Washington Rd South, Washington, PA 15301
      View Details
    • $399,000
      0.41 Acres

      Auto Business Opportunity in Washington

      Established auto body shop on a high-visibility corner lot.
      140 Highland Ave, Washington, PA 15301
      View Details
    • $599,900
      1.20 Acres

      Mixed-Use Property on Henderson Avenue

      Commercial building with garage, residential rental, and ample parking.
      1120 Henderson Ave, Washington, PA 15301
      View Details
    • $175,000
      0.08 Acres

      Versatile Commercial Property in Washington

      Commercial property in Washington's Central Business District, ideal for offices.
      27 S College St, Washington, PA 15301
      View Details
    • $735,000
      0.96 Acres

      City Motors Retail Opportunity

      Retail building with additional parcels on W Chestnut Street.
      775 W Chestnut St, Washington, PA 15301
      View Details
    • $750,000
      0.17 Acres

      Established Restaurant and Income Property

      Turnkey restaurant with bar and apartments in City of Washington.
      227-229 S Main St, Washington, PA 15301
      View Details
    • $999,900
      0.08 Acres

      Turn-Key Mixed-Use Commercial Property

      Two-building commercial property with bar, restaurant, apartments, and retail.
      88 N Main St, Washington, PA 15301
      View Details
    • $895,000
      1.50 Acres

      Prime Commercial Property Near Highway

      1.5-acre commercial property with high visibility and versatile zoning.
      817 Jessop Exit, Washington, PA 15301
      View Details
    • $59,900
      Pending

      City of Washington Opportunity

      Versatile property suitable for commercial or residential use.
      1395 Allison Ave, Washington, PA 15301
      View Details
    • $399,900
      1.78 Acres

      Historic Schoolhouse Redevelopment Opportunity

      Solid brick schoolhouse with redevelopment potential in South Strabane, PA.
      1530 Hillcrest Ave South, Washington, PA 15301
      View Details
    • $350,000
      0.61 Acres

      23-Unit Building in Prime Location

      23-unit building, gutted, ready for transformation in prime location.
      1090 Jefferson Ave, Washington, PA 15301
      View Details
    • $385,000
      Pending

      Washington Fabrication Facility with Cranes

      Fabrication facility with cranes, office, and laydown space.
      295 Meadow Ave, Washington, PA 15301
      View Details

    FAQs

    What type of property is this?
    Retail space - Prime retail/restaurant space in a well-known Washington, PA location.
    Where is this retail space located?
    The property is located at 6 S Main St Washington, PA.
    What is the asking price?
    The asking price for this property is $18.
    What are key features of this property?
    This property features: - $50,000 grant available from the City of Washington for new retail lease tenants.; - Prime retail/restaurant space in the well-known Washington Trust Building.; - Located below newly redeveloped, fully occupied residential apartments.
    (412) 352-8754
    Request Owner's contact information
    6 S Main St Washington, PA 15301
    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.
    6 S Main St
    Washington, PA 15301
    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
    6 S Main St Washington, PA 15301
    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

    We can help!
    Listing Contact
    Nathan Pazsint
    Real Estate License ID: PA #RS339099
    (412) 352-8754
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.