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Historic Mixed-Use Building
For Sale
$649,000

601 Merchant, Ambridge, PA 15003

CommercialSale, Ambridge, PA

Property SizeContact for details
Lot Size0.10 Acres
Days on Market178

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 4 Last Checked: Sep 4 at 2:06PM
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.

Constructed in 1920, this mixed-use building combines commercial and residential components within a 0.1-acre property. The first and second floors, plus the basement, contain fully leased retail space. Four apartments occupy the third floor, with each unit offering 2 bedrooms and 1 bath. All residential units are rented, creating a building-wide mix of occupied retail and apartment space. The property is located at 601 Merchant in Ambridge, Pennsylvania, and carries Comm zoning.

Key Highlights

  • Four 2‑bedroom, 1‑bath apartments on the third floor
  • First and second floors plus basement are fully leased for retail use
  • All 4 apartments are fully rented

Property Analytics

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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Mixed-use property - Fully leased retail space sits below 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: Four 2‑bedroom, 1‑bath apartments on the third floor; First and second floors plus basement are fully leased for retail use; All 4 apartments are fully rented
More about this property
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