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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

984 Jefferson Ave Washington, PA 15301

0.43 ac lot
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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