501 Franklin Ave Aliquippa, PA 15001
- Retail properties
- 0.17 lot acres
Current Use by Public Records
- Retail properties
Property Details for 501 Franklin Ave
- Year built
- 1927
- Lot size
- 0.17 lot acres
- Property type
- Retail properties
Description
This remarkable historical landmark, located at 501 Franklin Avenue in Aliquippa, Pennsylvania, presents a unique investment opportunity. The property, formerly a Union Hall, boasts a substantial footprint spread across three levels. The main level features a generously sized 75x40 foot open space, ideal for a variety of retail uses. Below ground, a large 40x55 foot basement offers ample storage or additional development potential. Upstairs, a massive 85x40 foot office area provides flexibility for administrative functions or expansion of the main retail space. Constructed of durable stone and steel, the building has undergone significant recent improvements. These include a brand new roof, a completely updated heating and air conditioning system, and new plumbing throughout, ensuring modern functionality and reduced maintenance costs. The property also includes an undeveloped green space, offering the possibility of creating additional parking to enhance the property's appeal and functionality. With its prime location in Aliquippa and its impressive size and recent renovations, this property represents a rare chance to acquire a significant piece of local history and transform it into a thriving commercial enterprise. The asking price is $250,000, and the lot size is 0.17 acres. This is a truly exceptional opportunity for a discerning investor.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Aliquippa
- County
- Beaver
- State
- Pennsylvania
- Longitude
- -80.24834
- Latitude
- 40.61528
