Property profile

226 Midland Ave Midland, PA 15059

FOR SALE
Retail space
Property ID
US73-3189401
1,200 SF 0.07 ac lot Built 1953
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, located at 226 Midland Ave in Midland, Pennsylvania (zip code 15059), presents a fantastic investment opportunity. The building, constructed in 1953, offers a generous 3,049 square feet of space, priced affordably at $19.65 per square foot. The asking price is $59,900. The property sits on a 0.07-acre lot and includes one parking space. The building features a large, open floor plan, ideal for a variety of retail uses, and a sizable basement providing ample additional storage. Its central location in Midland offers excellent visibility and accessibility. The inclusion of an integral garage adds further value and convenience. This property's combination of size, location, and features makes it an attractive prospect for entrepreneurs and investors seeking a strong return. The building's potential is significant, making it a worthwhile investment in a thriving community. The property is ready for immediate occupancy and offers a blank canvas for a new business venture. Don't miss this chance to acquire a well-positioned retail space in a desirable Pennsylvania location.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1953
Total area 1,200 SF
Lot 0.07 ac (3,049 SF)
APN 33-002-0101.000
UPID US73-3189401

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

226 Midland Ave Midland, PA 15059
Midland metro Census 602800 PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$210k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2024
3 recorded transactions
2024
Price N/A
2023
$460
2017
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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