562-578 Park Ave Meadville, PA 16335
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.