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Corner Commercial Building with Dual Units
For Sale
$499,900

7480 Lake Rd, Fairview, PA 16415

Solid block/masonry building with two separate commercial units, separate utilities, and a workshop outbuilding.

Property Size4,529 SF
Price / SF$110.38
Days on Market63

Property Features for 7480 Lake Rd

General Information

Standard status Active
Size 4,529 SF

Additional Details

Heavy Power Yes

Taxes and HOA fees

Annual Taxes $5,999
Listing Agency: Agresti Real Estate
Listed By: Jake Scheloske · License #RS318016
Source: Exprealty
Added: Jul 7 Changed: Sep 5 Last Checked: Sep 7 at 11:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Agresti Real Estate

Investment Insights

Based on property information with market context.

This corner block/masonry commercial building offers two separate commercial units, currently operated as a print shop and a framing shop. The property includes office space, four bathrooms, and separate utilities, giving added flexibility for owner occupancy or tenant use. Power service is provided by a 400 amp electric setup, and select areas have been updated with new laminate flooring. Roofing includes a durable metal roof on one side and a composite roof on the other.

The building also includes an exterior outbuilding currently used as a workshop, which may support storage, contractor use, or additional workspace depending on how the units are configured.

With dual units, separate utilities, and on-site office and workshop components, the layout is designed to accommodate a range of retail, trade, office, service, and storage-oriented business needs.

Key Highlights

  • Corner commercial block/masonry building with 2 separate commercial units currently used as a print shop and framing shop
  • Separate utilities for the two units for added flexibility (owner occupancy, rental income, or both)
  • 400 amp electric service for supporting a variety of business needs

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Electrical Service Garden Center Grocery & Convenience Store

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

Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby
Balanced
Demand for This Use

Demographics for 16415, PA

9,898
Population
3,958
Households
2.5
Avg Household Size
44
Median Age
46%
College-Educated
98%
High-School Grad
23.3 sq mi
ZIP Area
425
Density / Sq Mi
$105,604
Median Household Income
$51,650
Median Earnings
$1,229
Median Rent
$286,300
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Solid block/masonry building with two separate commercial units, separate utilities, and a workshop outbuilding.
Where is this storefront property located?
The property is located at 7480 Lake Rd Fairview, PA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Corner commercial block/masonry building with 2 separate commercial units currently used as a print shop and framing shop; Separate utilities for the two units for added flexibility (owner occupancy, rental income, or both); 400 amp electric service for supporting a variety of business needs
More about this property
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