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3420 4th Ave 13,894 SF 100% Leased Retail Building Beaver Falls, PA 15010 $1,125,383 CAD ($81.00 CAD/SF) 6.06% Cap Rate
Investment Highlights
- 3 Commercial Buildings Side-by-Side
- High Traffic Area 3 Miles from PA Turnpike
- Fully Leased
- 2 Parking Lots
Executive Summary
Three commercial buildings offered as a package in a high-visibility location along Route 18. All three properties are fully leased with an excellent rental history. The information below reflects the combined totals for all three buildings.
3410 Route 18 – Parcel #07-003-0309 (College Hill Commons)
Built in 2005 and features 3,386 SF of office/retail space, including four office/retail suites and four bathrooms. An additional 3,378 SF consists of eight garage/storage bays. Separate utilities and a parking lot with 17 spaces.
3414 Route 18 – Parcel #07-003-0308 (College Hill Annex)
Includes 400 SF of commercial space, a 1,250 SF apartment with three bedrooms, and an additional 1,650 SF of garage/storage space. Separate gas and electric service, along with two off-street parking spaces.
3420 Route 18 – Parcel #07-003-0307 (College Hill Plaza)
Features 5,080 SF containing six business suites with eight leased spaces, six bathrooms, and a three-bedroom apartment. An additional 5,080 SF includes three garage/storage areas. Parking lot with 10 spaces.
These nicely maintained investment properties offer a strong income-producing opportunity in a prime location, just three miles from both I-376 and the Pennsylvania Turnpike.
3410 Route 18 – Parcel #07-003-0309 (College Hill Commons)
Built in 2005 and features 3,386 SF of office/retail space, including four office/retail suites and four bathrooms. An additional 3,378 SF consists of eight garage/storage bays. Separate utilities and a parking lot with 17 spaces.
3414 Route 18 – Parcel #07-003-0308 (College Hill Annex)
Includes 400 SF of commercial space, a 1,250 SF apartment with three bedrooms, and an additional 1,650 SF of garage/storage space. Separate gas and electric service, along with two off-street parking spaces.
3420 Route 18 – Parcel #07-003-0307 (College Hill Plaza)
Features 5,080 SF containing six business suites with eight leased spaces, six bathrooms, and a three-bedroom apartment. An additional 5,080 SF includes three garage/storage areas. Parking lot with 10 spaces.
These nicely maintained investment properties offer a strong income-producing opportunity in a prime location, just three miles from both I-376 and the Pennsylvania Turnpike.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
13,894 SF
Building Class
C
Year Built
2005
Price
$1,125,383 CAD
Price Per SF
$81.00 CAD
Cap Rate
6.06%
NOI
$68,213 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.94
Lot Size
0.34 AC
Zoning
C-1 & C-2
Parking
17 Spaces (1.22 Spaces per 1,000 SF Leased)
Frontage
210’ on 4th Ave
Amenities
- Bus Line
- Corner Lot
- Pylon Sign
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 07-003-0309.000 | Improvements Assessment | $321,428 CAD |
| Land Assessment | $17,845 CAD | Total Assessment | $339,273 CAD |
Property Taxes
Parcel Number
07-003-0309.000
Land Assessment
$17,845 CAD
Improvements Assessment
$321,428 CAD
Total Assessment
$339,273 CAD
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