Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Commercial Real Estate Opportunity Title is generated by Realmo AI

    367 Morgantown Street, Uniontown, PA 15401

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    2 acres with 5 rental units and 3-car garage.

    Type:Multifamily
    Lot size:
    2.00 Acres
    Added:
    Apr 12, 2026
    Days on Market:
    52
    Last Refresh:
    Apr 12 at 2:28 am

    Property Features for 367 Morgantown Street

    General Information

    Standard status
    Active
    Lot size
    2.00 Acres
    Property subtype
    Multifamily

    We can help!

    Listing Contact
    Paul Bortz

    Listing agent Paul Bortz License #PA

    Listing office Coldwell Banker Laurel Ridge Realty

    Listing date Apr 12, 2026

    Source Crexi

    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 Laurel Ridge Realty

    HighLights

    • Prime commercial real estate location on heavily traveled Morgantown St
    • Includes 5 rental units
    • 2 acres of land
    • 3 car garage included
    • All major utilities available
    • Easy access to Rt. 119, 21 and 51

    Overview

    This property features 2 acres of commercial real estate located on Morgantown Street. The property includes 5 rental units and a 3-car garage. It has access to major utilities. The location offers easy access to Rt. 119, 21 and 51.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Uniontown
    County
    Fayette
    State
    Pennsylvania
    Longitude
    -79.733914
    Latitude
    39.890685

    Nearby Similar for Sale

    • $305,000
      3,000 SF

      Auto Repair Shop on Route 21

      Four-bay auto shop with included equipment and separate residence.
      583 Mcclellandtown Rd, South Union Twp, PA 15401
      View Details
    • $399,000
      1,480 SF

      Turnkey Convenience Store Opportunity

      Spacious convenience store with income-producing properties on 1.319 acres.
      1115 Connellsville Road, North Union Twp, PA 15401
      View Details
    • $850,000

      Uniontown Commercial Building on Corner

      Updated commercial building on Fayette St with multi-use potential.
      258 E Fayette Street, Uniontown, PA 15401
      View Details
    • $599,900

      Uniontown Gas Station and Towing

      Established gas station and auto towing service on corner lot.
      100 S Beeson Blvd, Uniontown, PA 15401
      View Details
    • $249,900

      Uniontown Commercial Building For Sale

      Well-maintained commercial building with flexible layout and prime city location.
      1250 E Fayette Street, Uniontown, PA 15401
      View Details
    • $536,500

      Turnkey Medical/Professional Office on Route 40

      Prime location office space suitable for medical or professional use.
      238 W Main Street, Uniontown, PA 15401
      View Details
    • $499,000

      Mixed-Use Entertainment and Income Property

      Well-maintained plaza includes bar/restaurant and billiard hall plus duplex income with off-street parking.
      229 Pittsburgh Street, Uniontown, PA 15401
      View Details
    • $279,900

      Versatile Commercial Property, Uniontown

      1.51-acre commercial property suitable for diverse development.
      45 W Kerr Street, North Union Twp, PA 15401
      View Details
    • $249,900

      Uniontown Office Building For Sale

      Commercial building with endless possibilities on two parcels.
      144-148 E Main St, Uniontown, PA 15401
      View Details
    • $140,000
      2,800 SF

      Historic Commercial Property in Uniontown

      Two historic commercial properties on over an acre near routes.
      62 Fairview/325 Oak Hall, Uniontown, PA 15401
      View Details
    • $249,900

      Brick Multifamily Building with Garage

      Historic 3-story brick rental building on nearly three-quarters of an acre with a 3-car garage and strong street visibility.
      367 Morgantown Street, Uniontown, PA 15401
      View Details
    • $375,000

      Versatile Mixed-Use Building For Sale

      14,000 sq ft mixed-use building with income potential.
      287 Edison Street, North Union Twp, PA 15401
      View Details

    FAQs

    What type of property is this?
    Multifamily property - 2 acres with 5 rental units and 3-car garage.
    Where is this multifamily property located?
    The property is located at 367 Morgantown Street Uniontown, PA.
    What are key features of this property?
    This property features: Prime commercial real estate location on heavily traveled Morgantown St; Includes 5 rental units; 2 acres of land
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Paul Bortz
    Real Estate License ID: PA
    Learn More
    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
    367 Morgantown Street, Uniontown, PA 15401
    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!