Property profile

984 Jefferson Ave Washington, PA 15301

OFF-MARKET
Retail properties & Spaces
0.43 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional mixed-use investment property presents a compelling opportunity in a prime Washington, Pennsylvania location. Situated at the signalized intersection of Jefferson Avenue and Wylie Avenue, this stabilized asset boasts 24 residential units positioned above four retail tenants, ensuring a consistent income stream. The 0.43-acre lot provides ample space and visibility, capitalizing on its position in one of Washington's busiest intersections. Currently, the property offers a strong foundation for immediate returns, but significant upside potential exists for value-add investors. By leasing vacant spaces and implementing strategic unit upgrades, a new owner can capitalize on market rental rates and substantially increase net operating income (NOI). The existing tenant mix provides a diversified revenue base, mitigating risk and offering stability. This property is ideal for investors seeking a proven performer with considerable room for growth and enhanced profitability through proactive management and modernization. The strategic location and existing infrastructure create a solid foundation for long-term appreciation and consistent cash flow. This is a rare opportunity to acquire a high-yield mixed-use property in a thriving Pennsylvania market. The property's size and location make it an attractive investment for both seasoned and emerging investors seeking a stable and profitable venture.

Property profile

Verified
Property type Retail properties & Spaces
Lot 0.43 ac (18,731 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

984 Jefferson Ave Washington, PA 15301
Washington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 984 Jefferson Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message