Current Use by Public Records
- Sherwin-Williams Paint Store / (Bike/Boat/Book/etc) Store / Hardware & Home Improvement
Property Details for 136 High St
- Year built
- 1839
- Lot size
- 0.13 lot acres
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property, the Ganiear House, presents a compelling investment opportunity in Waynesburg, Pennsylvania. Located at 136 East High St, 15370, this certified historic structure boasts 6,358 square feet across two buildings and two stories, built in 1839 and extensively renovated in 2016. The property features a 10.30% cap rate and a strong net operating income (NOI) of $30,900, with an asking price of $300,000 ($47.18/sq ft). Currently enjoying 100% occupancy with three tenants, the building comprises two first-floor office spaces with separate utilities and a central meeting hall. Upstairs, two one-bedroom apartments provide additional income streams. The first floor also includes four large rooms and two restrooms, one of which is ADA-compliant. A full, unfinished basement offers ample storage and houses building mechanics. High-quality materials were used throughout the renovation, including a new roof (2016), Marvin windows, Hardie Board lap siding, Versatex stealth beadboard ceilings, and Aeritis flooring. The property sits on a 0.13-acre lot and includes six parking spaces. The permitted zoning is B-1. This meticulously maintained property offers a blend of historical charm and modern functionality, making it an ideal investment for discerning buyers. The property is a leased fee ownership.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waynesburg
- County
- Greene
- State
- Pennsylvania
- Longitude
- -80.1849
- Latitude
- 39.8964
