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510 E 8th Ave 14,180 SF Retail Building Homestead, PA 15120 $1,600,294 CAD ($112.86 CAD/SF)
INVESTMENT HIGHLIGHTS
- Mixed-use property with 2 retail spaces, 4 residential units, and 1 Office/Warehouse Space
- Leased retail/kitchen space to catering company
- Four residential apartments (three rented units and one owner-occupied unit)
- Leased retail space to magistrate’s office
- Versatile second-floor office/warehouse space
- Extra lot included with a total of 14 parking spaces
EXECUTIVE SUMMARY
SVN Three Rivers Commercial Advisors is pleased to present this mixed-use / multi parcel asset on E 8th Ave. in Homestead. The property features three contiguous properties: Retail + luxury apartments, 14 car parking lot, and a commercial building with retail/restaurant space on the 1st floor and office/ flex space on the second floor.
510 E 8th has been completely renovated (completely gutted/ everything new). 504 E 8th leaves plenty of value-add opportunity with the 1st floor leased below market rate and the second floor being owner occupied. All utilities are paid by the tenants except for the 1st floor retail space of 510 E 8th St, leased by the Magistrate Office.
510 E 8th has been completely renovated (completely gutted/ everything new). 504 E 8th leaves plenty of value-add opportunity with the 1st floor leased below market rate and the second floor being owner occupied. All utilities are paid by the tenants except for the 1st floor retail space of 510 E 8th St, leased by the Magistrate Office.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,180 SF
Building Class
C
Year Built
1950
Price
$1,600,294 CAD
Price Per SF
$112.86 CAD
Tenancy
Multiple
Building Height
3 Stories
Building FAR
5.17
Lot Size
0.06 AC
Zoning
R-3
Frontage
24’ on E 8th Ave
AMENITIES
- Bus Line
Walk Score®
Very Walkable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0130-L-00295-0000-00 | Improvements Assessment | $117,461 CAD |
| Land Assessment | $19,741 CAD | Total Assessment | $137,203 CAD |
PROPERTY TAXES
Parcel Number
0130-L-00295-0000-00
Land Assessment
$19,741 CAD
Improvements Assessment
$117,461 CAD
Total Assessment
$137,203 CAD
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510 E 8th Ave
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