425 Mercer St Volant, PA 16156
- Office buildings
- 7,888 SF
- 0.92 lot acres
Current Use by Public Records
- Office buildings
Property Details for 425 Mercer St
- Lot size
- 0.92 lot acres
- Property size
- 7,888 SF
- Zone code
- R3
- Property type
- Office buildings
- APN
- 20-005500
- APU
- 20005500
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Volant
- County
- Lawrence
- State
- Pennsylvania
- Longitude
- -80.259
- Latitude
- 41.115
- CBSA code
- 35260
- CBSA name
- NEW CASTLE, PA MICROPOLITAN STATISTICAL AREA