405 Philadelphia St Indiana, PA 15701
For Lease
Indiana Gateway Shoppes presents a prime retail investment opportunity in the heart of Indiana, Pennsylvania. This newly redeveloped 8,899 square-foot strip center boasts a highly visible location at the intersection of 4th Street (12,000 cars per day) and Philadelphia Street (13,000 cars per day), ensuring significant foot and vehicle traffic. Currently, three spaces are available, ranging from 1,160 to 1,162 square feet, ideal for a variety of retail businesses. The property sits on a 0.18-acre lot and is a multi-tenant building. Verizon Wireless is an established anchor tenant, providing stability and attracting further customer traffic. This redevelopment project offers a unique chance to establish a presence in Indiana's thriving downtown retail market, benefiting from the proximity to Indiana University of Pennsylvania, a major institution with over 15,000 students. The property's address is 405 Philadelphia Street, Indiana, PA 15701, within Indiana County. This location provides excellent accessibility and visibility for any business seeking to capitalize on the strong local demographics and high traffic counts. The property's modern design and strategic location make it an exceptional opportunity for growth and success.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.