Property profile

616 Midland Ave Midland, PA 15059

OFF-MARKET
Banks
Property ID
US73-1416499
3,414 SF 0.06 ac lot Built 1967
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property at 616 Midland Ave, Midland Boro, PA 15059, presents a unique investment opportunity. The 3,300-3,400 square foot building, formerly a bank, has undergone a complete renovation, boasting modern upgrades while retaining its classic charm. The brick structure features new flooring, furnaces, and electrical systems, ensuring efficient and comfortable operation. Abundant natural light floods the interior through large windows, creating a bright and inspiring workspace. The layout is versatile, offering ample space for various business needs. Upstairs, you'll find spacious offices, a conference room, and bathrooms on each floor. Downstairs includes three offices, a kitchen area, and substantial storage space. Convenient private parking is located at the rear of the building, supplemented by an additional lot enclosed by an attractive wrought iron fence, offering potential for outdoor use or expansion. This property is ideally situated in Midland, Pennsylvania, providing easy access to local amenities and transportation. The asking price is $229,000. This is a rare chance to acquire a move-in ready commercial building in a desirable location. Don't miss this opportunity to establish your business in a renovated, well-equipped space.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1967
Total area 3,414 SF
Lot 0.06 ac (2,614 SF)
APN 33-005-0208.000
UPID US73-1416499

Cap rate & NOI

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

Location

616 Midland Ave Midland, PA 15059-1410
Midland metro Census 602800 PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$145k

Owner & transaction history

since 2026
Last sale
$25,500
3 recorded transactions
2026
$21,000
2023
$25,500
2021
$1,000

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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