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Investment Highlights

  • Walkable location
  • Prestigious building
  • Off street parking

Executive Summary

Positioned in the heart of Pen Argyl, this former bank building offers a rare opportunity for adaptive reuse with strong potential for mixed-use or residential conversion. The property features a solid existing structure with classic architectural elements, high ceilings, and an efficient layout suitable for redevelopment.
Ideal for investors or developers seeking a value-add repositioning, the building lends itself to apartments, live/work units, or a combination of residential and commercial uses (subject to municipal approvals). The former banking infrastructure provides unique features such as a prominent entry, open floor areas, and potential for creative design.
The offering is further enhanced by a separate parking lot, providing valuable off-street parking to support residential tenants, commercial users, or a mixed-use configuration.
Located within close proximity to local amenities, this property benefits from walkability, visibility, and small-town charm, making it well-suited for residential demand or neighborhood-serving commercial uses.
A compelling opportunity to repurpose an iconic building into a modern income-producing asset.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Deferred Maintenance
Property Type
Office
Property Subtype
Medical
Building Size
8,298 SF
Building Class
C
Year Built
1936
Price
$686,966 CAD
Price Per SF
$82.79 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,149 SF
Building FAR
1.06
Lot Size
0.18 AC
Zoning
GB - Mixed Use is permitted by right and apartment conversion by special exception. Other uses are listed in the attached zoning document.
Parking
20 Spaces (2.5 Spaces per 1,000 SF Leased)
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
E8NE2D-49-1-0625
Land Assessment
$15,821 CAD
Improvements Assessment
$59,537 CAD
Total Assessment
$75,358 CAD
  • Listing ID: 39997379

  • Date on Market: 2026-04-01

  • Last Updated:

  • Address: 215 S Robinson Ave, Pen Argyl, PA 18072

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