153 Pennsylvania Ave New Stanton, PA 15672
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Prime PA location, high-traffic, redevelopment potential.
Property size:
155,978 SFProperty Features for 153 Pennsylvania Ave
General Information
- Property type
- Multifamily properties
- Square Feet
- 155,978 SF
- Class
- B
- Lot Size
- 152,460 SF
Building Details
- Buildings
- 3
- Stories
- 1
- Units
- 12
Listing Agent: Jim Schons
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a 3.5-acre, B-Class, mixed-use property located at 153 W Pennsylvania Ave, New Stanton, PA 15672. Currently operating as a mobile home park with 23 pads and 13 units (10 tenant-occupied, 3 vacant, owner-occupied), the property boasts 155,978 square feet and is zoned B-1. The asking price is $679,900 ($4.36/sq ft). The property enjoys a high-traffic location at the New Stanton exit off I-70, with over 75,000 vehicles passing daily. Its flat terrain and prime location near a newly opened Amazon warehouse (employing 600) make it ideal for redevelopment into various businesses, including a truck stop, car wash, gas station, or restaurant. The current annual gross income is $47,000. An adjacent 1.2-acre property is also available for purchase, expanding development potential. The property features three buildings, one story each, and has a 40% occupancy rate as of June 29, 2024. New Stanton boasts a growing population and a median income of $65,700, offering a promising market. The property's APN is 64-04-13-0-036, 037. Tenants are credit-rated. This is a 100% ownership opportunity.
Property Profile
Location Intelligence
Current Use by Public Records
Starlite Mobile Homes
Campground & RV Park
Location Insight
- Map
- Local Demand
- City
- New Stanton
- County
- Westmoreland
- State
- Pennsylvania
- Longitude
- -79.6113654
- Latitude
- 40.2150989
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FAQs
What type of property is this?
Multifamily property - Prime PA location, high-traffic, redevelopment potential.
Where is this multifamily property located?
The property is located at 153 Pennsylvania Ave New Stanton, PA.
What is the asking price?
The asking price for this property is $679,900.
What are key features of this property?
This property features: 3.5-acre mixed-use property in New Stanton, PA, at 153 W Pennsylvania Ave.; Currently operating as a 23-pad mobile home park with 10 tenant-occupied units, generating $47,000 annual gross income.; High-traffic location at I-70 exit, with over 75,000 vehicles daily, near a new Amazon facility employing 600.
