616 Midland Ave, Midland, PA 15059-1410
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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.