425 Mercer St, Volant, PA 16156
This historic two-story brick building, formerly Volant Elementary School, presents a unique investment opportunity in Volant, PA. Located at 425 Mercer Street, the property boasts 7,000 total square feet, with 3,500 square feet of net rentable space. Built in 1890 and renovated in 1998, the building features six units, including four modern apartments ideal for corporate guests or long-term tenants. The fully renovated interior includes updated office spaces, conference rooms, and reception areas, complete with a modern technology infrastructure. The property is zoned R3 and offers ample parking with 30 spaces. Situated just minutes from Grove City and close to Grove City College and Westminster College, this location provides excellent accessibility and visibility. Its proximity to State Route 19 further enhances its strategic location. The asking price is $462,500. This property offers a compelling blend of historical character and modern functionality, making it an attractive investment opportunity for discerning buyers. The Lawrence County location, with APN 20-007100, adds to its appeal. This is a chance to own a piece of history while capitalizing on a strong rental income stream.
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
Property description
Physical attributes from public recordsZoning & alternative use
R3 · Volant, PAVolant. Always verify with local authorities before improvements.
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.