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Mixed-Use Building with Basement
For Sale
$200,000

465 Merchant St, Ambridge, PA 15003

A gutted interior and new roof, windows, and electrical service provide a starting point for a full remodel.

Property Size10,000 SF
Price / SF$20
Days on Market291

Property Features for 465 Merchant St

General Information

Standard status Active
Size 10,000 SF
Total Parking Spaces 4
Property subtype Residential Income
Zoning mixed, mixed

Property Condition

Severity Major Repairs Needed
Evidence gutted from top to bottom

Units

Unit Mix 4 x 2-3BR
Multifamily Units 4

Additional Details

Mixed-Use Components commercial, residential

Taxes and HOA fees

Annual Taxes $1,757

Building Details

Year Built 1908
Buildings 1
Listing Agency: HOWARD HANNA REAL ESTATE SERVICES
Listed By: Michele Miller · License #RS343376
Source: Indianlakerealty
Added: Jan 7 Changed: Oct 24 Last Checked: Oct 24 at 2:32PM

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 HOWARD HANNA REAL ESTATE SERVICES

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1908 mixed-use building has approximately 10,000 square feet and is configured with 3,300 square feet of commercial space on the first floor and four condos above, each with two to three bedrooms. The interior has been gutted, and the roof, windows, and electrical service are new. A dry basement with high ceilings adds substantial space to the building.

The property is positioned for redevelopment in Ambridge. Its existing layout supports a commercial component at street level with residential units above, while the building may also be remodeled for commercial or residential use throughout.

Key Highlights

  • Approximately +/- 10,000‑square‑foot building
  • 3,300 sqf of commercial space on the first floor
  • Four upper‑level condos with 2 to 3 bedrooms each

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Electrical Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store Carpet & Flooring Store Nail Salon

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

547
Businesses Nearby

Demographics for 15003, PA

11,672
Population
5,955
Households
2
Avg Household Size
40
Median Age
24%
College-Educated
94%
High-School Grad
6.0 sq mi
ZIP Area
1,945
Density / Sq Mi
$57,943
Median Household Income
$37,946
Median Earnings
$886
Median Rent
$119,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A gutted interior and new roof, windows, and electrical service provide a starting point for a full remodel.
Where is this mixed-use property located?
The property is located at 465 Merchant St Ambridge, PA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Approximately +/- 10,000‑square‑foot building; 3,300 sqf of commercial space on the first floor; Four upper‑level condos with 2 to 3 bedrooms each
More about this property
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