201 Main St, Unit 209 Washington, PA 15301-6336
- Investment properties
- 0.10 lot acres
Current Use by Public Records
- Big Shot Bob's House of Wings / Chicken Wings Restaurant / Delivery Restaurant
Property Details for 201 Main St
- Lot size
- 0.10 lot acres
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 710-003-00-01-0016-00
- APU
- 7100030001001600
Description
This exceptional mixed-use property, located at 201 S Main St, Washington, PA 15301, presents a rare investment opportunity. Dating back to as early as 1856, this historically significant building boasts unique architectural details, including a rounded corner and a magnificent three-story wooden spiral staircase. Situated on the corner of S Main & W Maiden Streets, it offers stunning curb appeal and high visibility. The 0.1-acre lot houses ten apartments, three street-level retail/restaurant spaces (one currently occupied by Big Shot Bobs), and additional space suitable for office use or conversion into more apartments. The property includes a full basement with easy access. The building is zoned commercial and is being sold in its current "as is" condition. This is a chance to acquire a piece of Washington, Pennsylvania's history and capitalize on a strong rental income stream from the existing apartments and retail spaces. The property's prime location and versatile layout offer significant potential for future development and increased profitability. This is a truly unique opportunity for an investor seeking a high-return, historically significant property.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $285,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $250,000
- 6.5%
- $250,000
- 7%
- $250,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $265,000
- Geo Method
- $235,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $285,000
- Retail
- $285,000
- Mixed-Use
- $215,000
- Hospitality
- $250,000
- Educational
- $285,000
- Residential Income
- $270,000
- Energy
- $245,000
- Income-Based Land
- $290,000
- Food Service
- $275,000
Location Insight
- Map
- Local Demand
- City
- Washington
- County
- Washington
- State
- Pennsylvania
- Longitude
- -80.2449
- Latitude
- 40.1676
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA