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Mixed-Use Building with Four Apartments
For Sale
$599,000

598 Merchant Street, Ambridge, PA 15003

CommercialSale, Ambridge, PA

Property SizeContact for details
Lot Size0.09 Acres
Days on Market275

Property Features for 598 Merchant Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning comm
Zoning description comm
Directions Use GPS
Subdivision Ambridge
Standard status Active
Lot size 0.09 Acres

Taxes and HOA fees

Tax Annual Amount 7215

Building Details

Year built 1947
Listing Agency: COLDWELL BANKER REALTY · Coldwell Banker Real Estate
Listed By: Robert Strohm · License #RS189629
Added: Dec 9, 2025 Changed: Sep 9 Last Checked: Sep 10 at 3:06AM
MLS# 1733083

Copyright © 2026 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1947, this mixed-use property combines commercial and residential components in one building. The first floor provides retail or office space, while a full unfinished basement offers additional storage capacity or room for future expansion. Four apartments occupy the second floor and are configured as income-producing units.

Each apartment has an individual utility meter. Building systems include electric baseboard heat, electric ranges, and electric water heaters, with residents responsible for their own utility costs. The property sits on a 0.09-acre lot in Ambridge, near shops, dining, and other local amenities. Zoning is identified as comm.

Key Highlights

  • Four second‑floor apartments with individual utility meters
  • First‑floor retail or office space
  • Full unfinished basement for storage or expansion

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Nail Salon Electrical Service

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

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

577
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - First-floor retail or office space is combined with four separately metered apartments above.
Where is this mixed-use property located?
The property is located at 598 Merchant Street Ambridge, PA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Four second‑floor apartments with individual utility meters; First‑floor retail or office space; Full unfinished basement for storage or expansion
More about this property
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