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    129 Grand Ave Mars, PA 16046-3410

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    129 Grand Ave Mars, PA 16046-3410


    • Apartment buildings
    • 0.16 lot acres
    Off-Market
    Last Sale Mar 22, 2024
    $600,000
    Property ID
    US73-3205607
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $600,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 129 Grand Ave

    Lot size
    0.16 lot acres
    Property type
    Apartment buildings
    APN
    450 S2 B110000
    APU
    450S2B110000

    Description

    This exceptional mixed-use property in Mars, Pennsylvania, presents a compelling investment opportunity. Located at 129 Grand Avenue, this two-story building boasts a prime corner lot on the main street, offering high visibility and accessibility. The main level features approximately 2,400 square feet of vacant commercial space, previously occupied by a pharmacy, now ready for a variety of businesses. Two separate street entrances enhance convenience and potential. A fully operational bakery occupies the rear of the ground floor. The basement provides ample storage and a powder room. Upstairs, two residential apartments generate additional income. One apartment includes two bedrooms, a full bath, and an updated kitchen; the other offers one-plus bedrooms, a full bath, a kitchen, and a bonus room. The property includes ten dedicated parking spaces, supplemented by adjacent public parking. All tenants maintain separate utility accounts. Roof access is available. This property benefits from its location in the thriving Mars Area School District, combining small-town charm with easy access to major highways. The building's 75% occupancy and stabilized investment status make it an attractive proposition. The asking price is $599,900. The total square footage ranges from 2,400 to 3,600 square feet. Low taxes further enhance the return on investment.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $600,000
      ML approach
      $600,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Mars
    County
    Butler
    State
    Pennsylvania
    Longitude
    -80.01
    Latitude
    40.6967
    CBSA code
    38300
    CBSA name
    PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,557
    $5,550
    $27,720
    $33,270
    -
    $0.00
    $33,270
    $33,270
    More about this property
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