Mixed-Use Building with 4
For Sale
$649,000
601 Merchant, Ambridge, PA 15003
CommercialSale, Ambridge, PA
Property SizeContact for details
Lot Size0.10 Acres
Days on Market165
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
(412) 963-7655
Listed By:
Robert Strohm · License #RS189629
(412) 963-7655
Added: Mar 11
Changed: Aug 20
Last Checked: Aug 22 at 9:06AM
MLS# 1743303
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Investment Insights
Based on property information with market context.
Built in 1920, this mixed-use property at 601 Merchant includes retail space on the first and second floors, with additional basement space. Those areas are fully leased to retail tenants. The third floor contains four residential apartments, each configured with two bedrooms and one bathroom, and all four units are rented. The property occupies 0.1 acres in Ambridge, Pennsylvania, within the commercial district identified by Comm zoning. Its combination of street-level commercial space and upper-floor housing creates a vertically integrated layout with separate retail and residential components.
Key Highlights
- Four fully rented apartments, each with 2 bedrooms and 1 bath
- Fully leased retail space spans the 1st and 2nd floors
- Basement space is included with the retail component
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
577
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercially zoned building combines leased retail space with 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: Four fully rented apartments, each with 2 bedrooms and 1 bath; Fully leased retail space spans the 1st and 2nd floors; Basement space is included with the retail component
