Mixed-Use Building with
For Sale
$579,900
700 Hoke St, Latrobe, PA 15650
CommercialSale, Latrobe, PA
Property Size4,500 SF
Price / SF$128.87
Days on Market187
Property Features for 700 Hoke St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-4
Zoning description
C-4
Directions
GPS
Subdivision
Latrobe
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
3538
Building Details
Building materials
Brick
Listing Agency:
REALTY ONE GROUP GOLD STANDARD
Listed By:
Steve Limani · License #RS322169
(724) 941-1427
Added: Apr 23
Changed: Oct 8
Last Checked: Oct 26 at 5:06AM
MLS# 1750071
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.
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Investment Insights
Based on property information with market context.
Located at 700 Hoke St in Latrobe, this mixed-use property pairs a 4,500-square-foot warehouse with four apartment units on the upper level. The warehouse has open floor space, high ceilings, and oversized garage doors. Brick is listed as the construction material.
The property is zoned C-4 and is in Westmoreland County, Pennsylvania.
The property is zoned C-4 and is in Westmoreland County, Pennsylvania.
Key Highlights
- 4,500‑square‑foot warehouse
- Four apartment units above the warehouse
- Oversized garage doors and high ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,644
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$812,880
$812.9K
Cap Rate 7%
$580,629
$580.6K
Cap Rate 9%
$451,600
$451.6K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$62.1K $13.80/SF
− Vacancy
−$4.0K −$0.90/SF
EGI
$58.1K $12.90/SF
− OpEx
−$17.4K −$3.87/SF
NOI
$40.6K $9.03/SF
Area
Westmoreland County, PA
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$812,880
Cap Rate 7%
$580,629
Cap Rate 9%
$451,600
Alternative Uses
Best Use
Multifamily LT 5
$580.6K
$508.1K – $677.4K
NOI $40,644 @ 7.0% cap · market cap 7.01%
Second Best
Apartment 5plus
$509.4K
$445.7K – $594.3K
NOI $35,659 @ 7.0% cap · market cap 6.15%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,235 @ 7.0% cap · market cap 13.84%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
747
Businesses Nearby
Explore this area
Business Placement
Demographics for 15650, PA
26,523
Population
12,294
Households
2.2
Avg Household Size
47
Median Age
30%
College-Educated
95%
High-School Grad
74.2 sq mi
ZIP Area
357
Density / Sq Mi
$63,314
Median Household Income
$38,500
Median Earnings
$824
Median Rent
$175,500
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four apartment units above the commercial space add a residential component to the property.
Where is this mixed-use property located?
The property is located at 700 Hoke St Latrobe, PA.
What is the asking price?
The asking price for this property is $579,900.
What are key features of this property?
This property features: 4,500‑square‑foot warehouse; Four apartment units above the warehouse; Oversized garage doors and high ceilings
