1035 Morrell Ave Connellsville, PA 15425
For Sale
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1035–1051 Morrell Avenue is a 12,500 SF multi-tenant office building situated along the US-119 corridor in Connellsville, PA — Fayette County's primary commercial spine with 25,000 vehicles per day. The property generates $4,100/month in current rent from five operating tenants across a range of uses including healthcare, professional services, and retail, while a 6,000 SF suite sits vacant and ready for immediate occupancy or lease-up. All five leases are month-to-month and current rents sit below market, giving a new owner the ability to reset rents by 20% immediately — adding nearly $10,000 in incremental annual income without a single new tenant. The vacant suite amplifies that story further: an owner-user — a therapy group, medical practice, or professional services firm — can occupy the space while existing tenant income offsets debt service.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.