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Prime Location Freestanding Building
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659 Philadelphia St, Indiana, PA 15701

BEST LOCATION IN TOWN

Space Size2,550 SF
Days on Market377

Property Features for 659 Philadelphia St

General Information

Standard status Active
Property type Retail properties & Spaces, Restaurants, Office Spaces
Size 2,550 SF
Lease Type Modified Gross
Lease Term Flexible
Rate Type Yearly
Listing Agency:
Listed By: Greg
Added: Aug 18, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

This 2,550 square foot freestanding building is located in the center of downtown Indiana, Pennsylvania, in a high-traffic area. The ADA-compliant brick and limestone building is currently equipped for a restaurant, but offers endless possibilities. It is attached to the only city parking garage, with a lobby, pay station, and elevator located just steps away. The location is two blocks from Indiana University of Pennsylvania (IUP), placing it in the center of the business district and popular university nightlife area, with over 12,000 students. The building features two HVAC systems, a 200 amp single-phase electrical system, and a 200 amp three-phase electrical system. It also includes two ADA bathrooms. The front facade is enhanced by a late-night takeout sliding window, while the rear facade incorporates the lobby, elevator, and pay station of the parking garage. The location is steps from parking, shops, the post office, the courthouse, and two tri-state area banks headquartered downtown.

Property Analytics

Current Use

Retail properties & Spaces

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Locksmith Carpet & Flooring Store Florist Pet Grooming 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

218
Businesses Nearby

Demographics for 15701, PA

30,269
Population
15,695
Households
1.9
Avg Household Size
40
Median Age
41%
College-Educated
95%
High-School Grad
112.2 sq mi
ZIP Area
270
Density / Sq Mi
$56,538
Median Household Income
$30,760
Median Earnings
$799
Median Rent
$175,100
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Retail property - BEST LOCATION IN TOWN
Where is this retail property located?
The property is located at 659 Philadelphia St Indiana, PA.
More about this property
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