562-578 Park Ave Meadville, PA 16335
- Retail properties
- 5,500 SF
- 68.64 lot acres
Current Use by Public Records
- Retail properties
Property Details for 562-578 Park Ave
- Year built
- 1980
- Lot size
- 68.64 lot acres
- Property size
- 5,500 SF
- Property type
- Retail properties
Description
This exceptional retail property, located at 562-578 Park Ave E in Meadville, Pennsylvania, presents a unique investment opportunity. The 5,500 square foot building, constructed in 1980, sits on a substantial 68.64-acre lot and features a two-story brick structure. The property is zoned R-1 and includes six parking spaces. The asking price is $1,500,000, translating to $273 per square foot. The building boasts central electric cooling, forced-air heating, and three wood-burning fireplaces. The property's existing structure is complemented by an asphalt roof. The property is conveniently located on a paved public road and features gas water heaters. The ample lot size and R-1 zoning offer significant potential for future development or expansion. This property is ideal for a variety of retail uses and presents a compelling opportunity for investors seeking a strong return in a desirable location. The property's parcel number is 33-0-019859. Further details are available upon request.
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
- Meadville
- County
- Crawford
- State
- Pennsylvania
- Longitude
- -80.1494
- Latitude
- 41.6473
