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Mixed-Use Building with Storefront
For Sale
$199,000

1401 E Washington St, New Castle, PA 16101

Two occupied apartments sit above an occupied commercial storefront, with a shared laundry area serving the residential units.

Property SizeContact for details
Days on Market20

Property Features for 1401 E Washington St

General Information

Standard status Active
Total Parking Spaces 5
Property subtype Commercial
Zoning C/ R, C/ R

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 2

Additional Details

Mixed-Use Components retail, residential
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $1,719

Amenities

shared laundry area

Building Details

Buildings 1
Tenancy Multi
Listing Agency: KELLER WILLIAMS STEEL CITY
Listed By: Katelyn Dominelli · License #RS339802
Source: Indianlakerealty
Added: Oct 12 Changed: Oct 30 Last Checked: Oct 30 at 3:34PM

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 KELLER WILLIAMS STEEL CITY

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property combines an occupied storefront at street level with two occupied apartments upstairs. Each apartment has one bedroom and one bathroom, and residents share a laundry area. A storage garage is also part of the property and is being prepared for rental use.

The zoning designation is C/R. Trash and recycling are paid by all rentals; water, sewer, gas, and electric are included in rent.

Key Highlights

  • Two occupied upstairs apartments, each with 1 bedroom and 1 bathroom
  • Occupied storefront on the ground level
  • Shared laundry area for the apartments

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Barber Shop Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

245
Businesses Nearby
19k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 43% Shops & Services 40% Dining 11% Electronics 6%
Save-A-Lot Groceries
8,165 visits/mo 0.4 miles
Dollar General Shops & Services
7,564 visits/mo 0.5 miles
SUBWAY Dining
2,010 visits/mo 0.4 miles
Verizon Electronics
1,145 visits/mo 0.4 miles

Demographics for 16101, PA

31,960
Population
14,755
Households
2.2
Avg Household Size
44
Median Age
18%
College-Educated
92%
High-School Grad
69.2 sq mi
ZIP Area
462
Density / Sq Mi
$50,481
Median Household Income
$36,670
Median Earnings
$706
Median Rent
$109,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two occupied apartments sit above an occupied commercial storefront, with a shared laundry area serving the residential units.
Where is this mixed-use property located?
The property is located at 1401 E Washington St New Castle, PA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Two occupied upstairs apartments, each with 1 bedroom and 1 bathroom; Occupied storefront on the ground level; Shared laundry area for the apartments
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