Historic Uniontown Building with Expansion
For Sale
$4,500,000
52 West Main Street, Uniontown, PA 15401
A historic 12 story Fayette Building in the heart of Uniontown, PA
Property Size211,559 SF
Price / SF$21.27
Days on Market578
Property Features for 52 West Main Street
General Information
Standard status
Active
Property type
Multifamily properties, Residential income homes, Other residential income properties, Residential income properties, Investment properties
Size
211,559 SF
Total Parking Spaces
93
Elevators
N/A
Building Details
Buildings
1
Stories
12
Units
71
Listing Agency:
(724) 699-4707
Listed By:
Keane
(724) 699-4707
Added: Jan 29, 2025
Changed: Mar 16
Investment Insights
Based on property information with market context.
The Fayette Building, the tallest structure in Uniontown, Pennsylvania, presents an investment opportunity. This 12-story building features a mix of residential and commercial spaces. Currently, the property includes 70 multi-family units located on floors 8-11, along with a 10-bedroom owner's apartment on the 6th floor. Floors 1-5 and 7 offer various commercial spaces, including a banquet/event space on the ground floor. A 93-car parking lot is included. The building has a current 6.3% cap rate. There is over 102,609 square feet of vacant space, offering the opportunity to add approximately 160 more apartments and expand first-floor retail. The building's size is 211,559 square feet. The property's historic nature may qualify for tax credits. The building is located in the heart of the city.
Key Highlights
- In place 6.3% cap rate with an additional 102,609+/- SF of vacant space to add value
- 71 Apartments / 93 Car Parking Lot - current setup
- Potential for a total of Approximately 160 apartments plus first floor retail
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
37
Businesses Nearby
Explore this area
Business Placement
Demographics for 15401, PA
30,619
Population
15,598
Households
2
Avg Household Size
46
Median Age
23%
College-Educated
91%
High-School Grad
55.4 sq mi
ZIP Area
553
Density / Sq Mi
$52,051
Median Household Income
$40,959
Median Earnings
$761
Median Rent
$151,600
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?
Multifamily property - A historic 12 story Fayette Building in the heart of Uniontown, PA
Where is this multifamily property located?
The property is located at 52 West Main Street Uniontown, PA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: In place 6.3% cap rate with an additional 102,609+/- SF of vacant space to add value; 71 Apartments / 93 Car Parking Lot - current setup; Potential for a total of Approximately 160 apartments plus first floor retail
