Redevelopment-Ready Mixed-Use
For Sale
$209,900
229 Main St, Manns Choice, PA 15550
Value-add property on a heavily traveled corridor, with parking and a partially completed apartment unit ready to rent.
Property Size13,648 SF
Price / SF$15.38
Days on Market153
Property Features for 229 Main St
General Information
Standard status
Active
Size
13,648 SF
Additional Details
Multifamily Units
13
Listing Agency:
Coldwell Banker Premier
(814) 232-0737
Listed By:
Cheryl McInroy · License #AB068119
(814) 232-0737
Source:
Exprealty
Added: Mar 4
Changed: Jul 10
Last Checked: Jul 31 at 1:27PM
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 Coldwell Banker Premier
Investment Insights
Based on property information with market context.
This redevelopment-ready commercial building offers more than 12,000 square feet along State Route 31. The structure has been taken down to the studs, creating a blank-canvas condition for a new build-out. One newly completed two-bedroom, one-bath apartment is already finished and rented, providing immediate income while the remaining space is planned and improved. Based on the owner’s layout plans, the building could accommodate up to 13 residential units total, including nine two-bedroom apartments and four one-bedroom apartments.
The property is located minutes from Shawnee State Park, Bedford, and the Maryland line, supporting demand from both regional commerce and tourism in the area. Access is supported by a large rear parking lot plus front street parking, which can be beneficial for tenants, customers, or guests depending on the final concept.
With its scale, flexible configuration, and prominent Route 31 exposure, the property may suit multiple directions, including multi-unit apartments, mixed-use retail with upper-level residential, or other reimagined uses such as office or professional suites, retail storefronts, and hospitality or entertainment concepts. For buyers and developers, the combination of existing rental income and redevelopment-ready condition can support a phased approach to completing the build-out.
The property is located minutes from Shawnee State Park, Bedford, and the Maryland line, supporting demand from both regional commerce and tourism in the area. Access is supported by a large rear parking lot plus front street parking, which can be beneficial for tenants, customers, or guests depending on the final concept.
With its scale, flexible configuration, and prominent Route 31 exposure, the property may suit multiple directions, including multi-unit apartments, mixed-use retail with upper-level residential, or other reimagined uses such as office or professional suites, retail storefronts, and hospitality or entertainment concepts. For buyers and developers, the combination of existing rental income and redevelopment-ready condition can support a phased approach to completing the build-out.
Key Highlights
- Value‑add commercial property with 12,000+ SF along highly traveled State Route 31 with strong visibility
- Taken down to the studs for redevelopment‑ready construction, with one newly completed 2BD/1BA apartment already rented
- Apartment unit is rented for $1,250 per month, providing immediate income
Property Analytics
Property Profile
Current Use
Lease Details
13
Residential units
Location Intelligence
Trade Area within ½ mile
35
Businesses Nearby
Explore this area
Business Placement
Demographics for 15550, PA
1,577
Population
1,032
Households
1.5
Avg Household Size
47
Median Age
15%
College-Educated
90%
High-School Grad
53.5 sq mi
ZIP Area
29
Density / Sq Mi
$53,438
Median Household Income
$35,542
Median Earnings
$638
Median Rent
$160,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Value-add property on a heavily traveled corridor, with parking and a partially completed apartment unit ready to rent.
Where is this apartment building located?
The property is located at 229 Main St Manns Choice, PA.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Value‑add commercial property with 12,000+ SF along highly traveled State Route 31 with strong visibility; Taken down to the studs for redevelopment‑ready construction, with one newly completed 2BD/1BA apartment already rented; Apartment unit is rented for $1,250 per month, providing immediate income
