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Executive Summary

Nestled in the heart of Bridgeville, PA, 614 Washington Ave presents a unique investment opportunity, offering a blend of commercial and residential utility in a well-maintained, multi-unit building. This property boasts four retail spaces on the ground floor, perfectly positioned to capitalize on the area's foot traffic and vibrant local economy. Above these commercial ventures, three residential apartments provide comfortable living spaces, ideal for tenants seeking the convenience of urban living with the charm of a tight-knit community. The inclusion of a parking lot adds value and convenience, catering to both commercial patrons and residents.
For the savvy investor or entrepreneur, 614 Washington Ave represents more than just a property; it's a gateway to becoming an integral part of Bridgeville's thriving community, offering a balanced mix of commercial potential and residential appeal. This property is an invitation to invest in a location where business opportunities flourish, and the quality of life is prioritized, embodying the spirit and charm of Bridgeville.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,600 SF
Building Class
C
Year Built
1900
Price
$1,038,000 CAD
Price Per SF
$288.33 CAD
Cap Rate
7.81%
NOI
$81,040 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.18
Lot Size
0.07 AC
Parking
20 Spaces (5.55 Spaces per 1,000 SF Leased)
Frontage
101’ on Hickman St

Amenities

  • Bus Line
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

First Commonwealth Bank
Northwest Bank
Chase
Giant Eagle
Planet Fitness
Starbucks
GIANT Food Stores
Citizens
Bank of America
Firebirds Wood Fired Grill

Property Taxes

Property Taxes

Parcel Number
0255-N-00056-0000-00
Land Assessment
$44,288 CAD
Improvements Assessment
$474,712 CAD
Total Assessment
$519,000 CAD
  • Listing ID: 31186910

  • Date on Market: 2024-03-11

  • Last Updated:

  • Address: 614 Washington Ave, Bridgeville, PA 15017

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