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    Retail Property with High Visibility Title is generated by Realmo AI

    200 Water St, Kittanning, PA 16201

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    Claim this Listing
    For Sale
    $349,900

    Well-maintained retail building with parking and additional storage space.

    Property size:
    2,978 SF
    Lot size:
    0.38 Acres
    Price / SF:
    $117/SF
    Added:
    Aug 4, 2025
    Days on Market:
    338
    Last Refresh:
    Jun 30 at 7:53 am

    Property Features for 200 Water St

    General Information

    Standard status
    Active
    Size
    2,978 SF
    Lot size
    0.38 Acres

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    Daniel Burk

    Listing office ALLEGHENY REAL ESTATE SERVICES, INC.

    Listing date Aug 4, 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 ALLEGHENY REAL ESTATE SERVICES, INC.

    HighLights

    • Highly visible location ideal for business.
    • Ample private off‑street parking.
    • Well‑maintained building.
    • 2978 sqft building size.
    • Additional 600 sqft of heated usable basement space.
    • 22x14 brick storage building included.

    Overview

    This retail property offers a highly visible location suitable for various business ventures. The well-maintained building provides 2978 square feet of space, complemented by private off-street parking. Additional usable space includes approximately 600 square feet of heated basement area and a 22x14 brick storage building.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $39.3k $13.20
    − Vacancy −$1.7k −$0.55
    EGI $37.7k $12.65
    − OpEx −$11.3k −$3.79
    NOI $26.4k $8.85
    2,978 SF · lease $13.20/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $376.6K
    $329.5K – $439.4K (±1% cap)
    NOI $26,361 @ 7.0% cap · market cap 7.53%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $758.5K
    $663.7K – $885.0K (±1% cap)
    NOI $53,098 @ 7.0% cap · market cap 15.18%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hearing Conservation Associates Physician Armstrong Speech & Hearing ... Physician

    Suggested Use

    Real Estate Agency Electrical Service Bakery (Bike/Boat/Book/etc) Store Barber Shop (Bike/Boat/Book/etc) Store Gym & Fitness Center Dental Office (Bike/Boat/Book/etc) Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Kittanning
    County
    Armstrong
    State
    Pennsylvania
    Longitude
    -79.5193
    Latitude
    40.8121

    FAQs

    What type of property is this?
    Storefront property - Well-maintained retail building with parking and additional storage space.
    Where is this storefront property located?
    The property is located at 200 Water St Kittanning, PA.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: Highly visible location ideal for business.; Ample private off‑street parking.; Well‑maintained building.
    More about this property
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