373 Cleveland St Rochester, PA 15074-1623
- Commercial land
- 8,396 SF
- 0.81 lot acres
Dec 16, 2022
Current Use by Public Records
- Carpenters For Hire Inc / General Contractor
- KVMGalore / Computer Accessories Store / Audio Visual Equipment Supplier
- Clear Choices, LLC. / Medical Clinic
- Innovative Recovery Solutions / Medical Clinic
Property Details for 373 Cleveland St
- Construction
- BRICK
- Lot size
- 0.81 lot acres
- Property size
- 8,396 SF
- Property type
- Commercial land
- APN
- 76-007-0406.000
- APU
- 760070406000
Description
This exceptional commercial investment opportunity in Rochester, PA presents a two-story office building spanning approximately 8,396 square feet on a 0.81-acre lot. The property is priced at $750,000. The first floor, encompassing 3,250 square feet, is currently leased to a long-standing tenant under a new five-year agreement, providing immediate and stable income. The second floor offers significant potential for increased revenue. This 5,146 square foot space includes a fully equipped kitchenette, a spacious conference room, multiple restrooms, and ample natural light thanks to large windows in each of the ten offices. Two additional smaller, single-room offices are also available. One of these is currently under lease for $300 per month on a four-year term. Access to the second floor is via stairs only. Approximately 1,600 square feet of the second floor remains unleased, presenting a prime opportunity to expand rental income through new tenants. This property offers a compelling blend of secure existing income and significant upside potential for savvy investors seeking a strong return in the Beaver County market. The building's location in Rochester provides easy access to major transportation routes and local amenities.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Beaver
- State
- Pennsylvania
- Longitude
- -80.2871
- Latitude
- 40.7113
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA