Property summary
768 Wayne Avenue presents a remarkable opportunity for retail, restaurant, or medical businesses seeking a prominent location in Indiana, Pennsylvania. This single-tenant, 4,485-square-foot free-standing building, constructed in 2016, sits on a 0.25-acre lot (APN 23-003-124, Indiana County). The property is currently vacant and offers immediate occupancy. Its strategic location places it within convenient walking distance of Indiana University of Pennsylvania, boasting a student population of 7,047. This high-traffic area benefits from its proximity to established national retailers, including Chick-fil-A, Dollar General Market, Pizza Hut, and Dunkin' Donuts, ensuring high visibility and potential customer traffic. The building's single-story design provides efficient and accessible space, ideal for a variety of uses. The property's former use as a Sheetz convenience store provides a solid foundation for a range of potential businesses. This is a rare opportunity to acquire a well-situated, ready-to-occupy retail space in a thriving college town. The property's size and location make it an attractive investment for businesses seeking to establish a strong presence in the Indiana market. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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