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298 Meridan Rd
Butler, PA 16001
Retail Property For Sale

Investment Highlights

  • 5 Residential Rentals
  • 1.18 acres
  • 2 possible 3 Commercials

Executive Summary

Positioned in the heart of the well-known Meridian area, this all-brick commercial property offers a versatile investment opportunity with strong income and future potential. Situated on over an acre along a highly traveled roadway with easy access to Route 68, the location provides excellent visibility and convenience in a busy commercial corridor. A newly developing housing community nearby brings added exposure and future growth opportunities to the area. Offering approximately 3,500 square feet, the property features five residential rental units, two commercial spaces with the possibility for a third commercial opportunity, plus a coin-operated laundry facility for added income potential. Ample parking accommodates tenants, customers, and clients with ease. A pavilion on the property adds additional flexibility for gatherings, outdoor use, or future possibilities. With its prime central location, established rental components, multiple income-producing opportunities, and room for continued growth, this multi-use property presents an exceptional opportunity for investors, entrepreneurs, or owner-operators seeking a high-visibility property in a thriving and expanding area.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,500 SF
Building Class
C
Year Built
1981
Price
$779,581 CAD
Price Per SF
$222.74 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.07
Lot Size
1.18 AC
Zoning
C2 - Commercial/Multi Use

Amenities

  • Pylon Sign
  • Signage

Property Taxes

Property Taxes

Parcel Number
054-33-56-0000
Land Assessment
$2,963 CAD
Improvements Assessment
$71,393 CAD
Total Assessment
$74,356 CAD
  • Listing ID: 40503841

  • Date on Market: 2026-05-12

  • Last Updated:

  • Address: 298 Meridan Rd, Butler, PA 16001

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