15 Eastgate Ave Monessen, PA 15062

Property Details for 15 Eastgate Ave

Year built

1950

Lot size

0.84 lot acres

Property type

Commercial real estate

Description

This exceptional commercial property at 15 Eastgate Ave, Monessen, PA, presents a unique investment opportunity. Located in the Gateway Business District with B-3 zoning, this two-level brick building boasts a substantial 15,952 square feet of space across two levels. The property sits on a 0.84-acre lot and includes a large, paved parking lot accommodating 50+ vehicles, providing ample parking for tenants and visitors. The upper level, exceeding 7,000 square feet, currently functions as a recreational hall, complete with two exterior entrances, a loading dock, bar area, kitchen, five bathrooms (one with a dressing area), office space, and extensive storage. This space is immediately rentable as a social hall. The lower level, accessible via its own entrance from a well-maintained parking lot and sidewalk encircling the building, offers an additional 7,952 square feet of leasable space. Currently occupied by a dental practice, beauty salon, and at least three other tenants, this level provides significant rental income potential. The building's solid construction and versatile layout offer numerous possibilities for future development and income generation. The property's prime location and ample parking make it an attractive option for a wide range of businesses. This is a rare opportunity to acquire a substantial commercial property with immediate income potential and significant upside. The asking price is $650,000.

Location Insight

City

Monessen

County

Westmoreland

State

Pennsylvania

Longitude

-79.8729

Latitude

40.1595