254-260 Main St Monongahela, PA 15063
- Retail properties
- 0.14 lot acres
Current Use by Public Records
- Retail properties
Property Details for 254-260 Main St
- Lot size
- 0.14 lot acres
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a meticulously renovated (2018) retail portfolio situated at 254-260 W Main St, Monongahela, PA 15063. The property encompasses two interconnected, three-story historic brick buildings, totaling 15 units. Currently, the portfolio includes ten residential apartments and three commercial spaces, offering immediate income generation. The property's prime corner location within the Monongahela business district ensures high visibility and accessibility. Significant value-add potential exists through the completion of two additional commercial spaces, increasing the total unit count to 15. The 0.138-acre lot (6,011 square feet) provides convenient off-street parking in the rear – a rare amenity on Main Street. The buildings underwent a comprehensive renovation in 2018, including the separation of utilities. The property is zoned C, allowing for a variety of commercial uses. This is a unique opportunity to acquire a well-maintained, income-producing property with substantial upside potential in a desirable Pennsylvania location. The asking price is $949,900.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monongahela
- County
- Washington
- State
- Pennsylvania
- Longitude
- -79.9255
- Latitude
- 40.2023
