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    768 Wayne Ave Indiana, PA 15701

    Sponsored
    For Lease
    Contact for pricing

    Free-standing retail building, 4,485 sq ft

    Lot size:
    4,485 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    768 Wayne Avenue presents a remarkable opportunity for retail, restaurant, or medical businesses seeking a prominent location in Indiana, Pennsylvania. This single-tenant, 4,485-square-foot free-standing building, constructed in 2016, sits on a 0.25-acre lot (APN 23-003-124, Indiana County). The property is currently vacant and offers immediate occupancy. Its strategic location places it within convenient walking distance of Indiana University of Pennsylvania, boasting a student population of 7,047. This high-traffic area benefits from its proximity to established national retailers, including Chick-fil-A, Dollar General Market, Pizza Hut, and Dunkin' Donuts, ensuring high visibility and potential customer traffic. The building's single-story design provides efficient and accessible space, ideal for a variety of uses. The property's former use as a Sheetz convenience store provides a solid foundation for a range of potential businesses. This is a rare opportunity to acquire a well-situated, ready-to-occupy retail space in a thriving college town. The property's size and location make it an attractive investment for businesses seeking to establish a strong presence in the Indiana market. Serious inquiries are encouraged.

    Property Features for 768 Wayne Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,485 SF

    Building Details

    Year Built
    2016
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    4,485 SF

    HighLights

    • Free‑standing retail building totaling 4,485 square feet.
    • Single‑tenant occupancy; currently vacant.
    • Located on a 0.25‑acre lot.
    • Built in 2016; one‑story building.
    • APN: 23‑003‑124, Indiana County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bitcoin Depot | BDCheckout Atm PNC ATM Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indiana
    County
    Indiana
    State
    Pennsylvania
    Longitude
    -79.1530454
    Latitude
    40.6186006

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    FAQs

    What type of property is this?
    Individual retail property - Free-standing retail building, 4,485 sq ft
    Where is this individual retail property located?
    The property is located at 768 Wayne Ave Indiana, PA.
    What are key features of this property?
    This property features: Free-standing retail building totaling 4,485 square feet.; Single-tenant occupancy; currently vacant.; Located on a 0.25-acre lot.
    Request Owner's contact information
    768 Wayne Ave Indiana, PA 15701
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    Indiana, PA 15701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    768 Wayne Ave Indiana, PA 15701
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