1070 Wayne Ave Indiana, PA 15701
- Retail space
- 2,388 SF
- 0.13 lot acres
Current Use by Public Records
- Retail space
Property Details for 1070 Wayne Ave
- Year built
- 1940
- Lot size
- 0.13 lot acres
- Property size
- 2,388 SF
- Property type
- Retail space
- APN
- 42-015-115
- APU
- 42015115
Description
This exceptional commercial investment property, located at 1070 Wayne Avenue in Indiana, PA, presents a unique opportunity. Situated on a 0.13-acre lot in a highly desirable Indiana County location, this building boasts a recently updated interior and exterior. The main level, currently leased for two years, features a welcoming entrance area, multiple versatile rooms, and a stunning gas fireplace in the rear. The space is finished with tasteful, appealing rooms and new (2021) luxury vinyl flooring throughout. Ample parking is available, including designated handicap-accessible spaces. Upstairs, a luxurious two-bedroom apartment offers a full bath, a kitchen equipped with brand-new appliances, a central area ideal for an office or entertainment space, and a laundry room with washer and dryer included. This upper level also features luxury vinyl flooring. The entire property has undergone a modern transformation, both inside and out, including a paved parking lot and additional parking area. This "grand property" is perfect for an investor seeking a blend of commercial and residential income streams. The property is priced at $389,000.
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
- Indiana
- County
- Indiana
- State
- Pennsylvania
- Longitude
- -79.1582
- Latitude
- 40.6128
- CBSA code
- 26860
- CBSA name
- INDIANA, PA MICROPOLITAN STATISTICAL AREA
