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Mixed-Use Building with 4 Apartments
For Sale
$649,000

601 Merchant, Ambridge, PA 15003

CommercialSale, Ambridge, PA

Property SizeContact for details
Lot Size0.10 Acres
Days on Market184

Property Features for 601 Merchant

General Information

Property type Commercial Sale
Property subtype Other
Zoning Comm
Zoning description Comm
Directions Ohio River Blvd to 6th Street to Right on Merchant
Subdivision Ambridge
Standard status Active
Lot size 0.10 Acres

Taxes and HOA fees

Tax Annual Amount 7772

Building Details

Year built 1920
Listing Agency: COLDWELL BANKER REALTY · Coldwell Banker Real Estate
Listed By: Robert Strohm · License #RS189629
Added: Mar 11 Changed: Sep 9 Last Checked: Sep 10 at 1:06AM
MLS# 1743303

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.

This mixed-use building at 601 Merchant contains retail space on the 1st and 2nd floors, with additional retail area in the basement. Those commercial areas are fully leased. The 3rd floor includes four rented apartments, each configured with 2 bedrooms and 1 bath, creating a combination of commercial and residential occupancy within one property.

Built in 1920, the property occupies 0.1 acres in Ambridge, Beaver County, Pennsylvania. The zoning designation is Comm. The existing layout supports continued operation of the leased retail component alongside the four residential units.

Key Highlights

  • Fully leased retail space spans the 1st and 2nd floors and basement
  • 3rd floor contains 4 fully rented apartments
  • Each apartment has 2 bedrooms and 1 bath

Property Analytics

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Current Use

Off The Hook Exotics ... (Bike/Boat/Book/etc) Store

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
100%
Occupancy
Multi-tenant
Tenancy

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
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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 - Multi-level property combines fully leased retail space with occupied residential apartments.
Where is this mixed-use property located?
The property is located at 601 Merchant Ambridge, PA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Fully leased retail space spans the 1st and 2nd floors and basement; 3rd floor contains 4 fully rented apartments; Each apartment has 2 bedrooms and 1 bath
More about this property
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