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Investment Highlights

  • Mid point of frontage on Evergreen St. and Hansen Ave.
  • Well-established location

Executive Summary

500 Hansen Avenue is a storefront retail/office building located on a heavily-traveled road near downtown Main Street in Butler, PA. The location provides easy access to major transportation routes including Routes 8, 68 and 422. 500 Hansen Avenue presents an appealing prospect for investors/users seeking to establish a presence in a vibrant and dynamic community in Butler.

Financial Summary (Actual - 2023)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $29,754 $23.80
Other Income - -
Vacancy Loss - -
Effective Gross Income $29,754 $23.80
Taxes $3,325 $2.66
Operating Expenses - -
Total Expenses $3,325 $2.66
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual $29,754
Annual Per SF $23.80
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $29,754
Annual Per SF $23.80
Taxes (CAD)
Annual $3,325
Annual Per SF $2.66
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $3,325
Annual Per SF $2.66
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,250 SF
Building Class
C
Year Built
1980
Price
$330,462 CAD
Price Per SF
$264.37 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.09 AC
Zoning
C - retail
Parking
5 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
60’ on Hansen Avenue
Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
40/100

Nearby Major Retailers

CrossFit
IGA
PNC Bank
First Commonwealth Bank
Citizens Bank
Chili's Grill & Bar
Dollar Bank

Property Taxes

Property Taxes

Parcel Number
052-29-F17-0000
Land Assessment
$3,324 CAD (2025)
Improvements Assessment
$20,069 CAD (2025)
Total Assessment
$23,392 CAD (2025)
Annual Taxes
$3,325 CAD ($2.66 CAD/SF)
Tax Year
2023
  • Listing ID: 32848870

  • Date on Market: 2024-08-17

  • Last Updated:

  • Address: 500 Hansen Ave, Lyndora, PA 16045

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