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9-Unit Commercial Rental Investment 2 Properties Offered at $2,934,036 CAD in Carmichaels, PA



Executive Summary
Located at 2232 E. Roy Furman Highway in Carmichaels, Pennsylvania, this income-producing commercial property offers an opportunity to acquire a fully occupied multi-tenant investment asset in the heart of Greene County. The property consists of two well-maintained commercial buildings containing a total of nine rental units, all currently leased and generating established rental income.
Positioned along E. Roy Furman Highway (PA Route 21), the property benefits from strong road frontage and excellent visibility along a heavily traveled corridor connecting communities throughout southwestern Pennsylvania. The location provides convenient access for tenants, customers, and visitors while offering prominent exposure for business signage and commercial operations.
Each unit provides functional office space suitable for a variety of commercial, professional, administrative, and service-oriented businesses. The multi-tenant configuration creates diversified income streams through multiple occupants, reducing reliance on a single tenant and providing flexibility for future leasing strategies.
The property is situated within Greene County's established energy-producing region, an area historically associated with oil and gas development, energy services, transportation, manufacturing, and related industries. The surrounding business environment supports ongoing demand for office and commercial space from a range of local and regional companies.
Accessibility is a notable feature of this property. Carmichaels is located approximately 12 miles from Waynesburg, the Greene County seat, and approximately 17 miles from Uniontown in neighboring Fayette County. These regional business centers provide access to workforce populations, commercial services, and transportation routes throughout southwestern Pennsylvania. The property also offers convenient access to major regional highways serving the Pittsburgh metropolitan area and northern West Virginia.
Investors will appreciate the established occupancy and existing rental structure. With nine leased units across two buildings, the property provides multiple sources of income within a single investment. The combination of tenant diversity, highway visibility, and strategic location contributes to the property's functionality as a commercial real estate asset.
The property's commercial setting and visibility create opportunities for continued leasing activity and tenant retention. Businesses seeking exposure along a well-traveled route may find the location advantageous due to its accessibility and recognizable presence along the corridor.
Whether you are seeking to expand an existing commercial portfolio, complete a 1031 exchange, or acquire an income-producing property with established tenancy, this offering presents a rare opportunity in Greene County's commercial market. The combination of two buildings, nine occupied rental units, highway frontage, and a strategic southwestern Pennsylvania location makes this a noteworthy investment opportunity.
Property shown by appointment only. Contact Jeremiah Voithofer with Whitetail Properties for additional information or to schedule a private showing.
Positioned along E. Roy Furman Highway (PA Route 21), the property benefits from strong road frontage and excellent visibility along a heavily traveled corridor connecting communities throughout southwestern Pennsylvania. The location provides convenient access for tenants, customers, and visitors while offering prominent exposure for business signage and commercial operations.
Each unit provides functional office space suitable for a variety of commercial, professional, administrative, and service-oriented businesses. The multi-tenant configuration creates diversified income streams through multiple occupants, reducing reliance on a single tenant and providing flexibility for future leasing strategies.
The property is situated within Greene County's established energy-producing region, an area historically associated with oil and gas development, energy services, transportation, manufacturing, and related industries. The surrounding business environment supports ongoing demand for office and commercial space from a range of local and regional companies.
Accessibility is a notable feature of this property. Carmichaels is located approximately 12 miles from Waynesburg, the Greene County seat, and approximately 17 miles from Uniontown in neighboring Fayette County. These regional business centers provide access to workforce populations, commercial services, and transportation routes throughout southwestern Pennsylvania. The property also offers convenient access to major regional highways serving the Pittsburgh metropolitan area and northern West Virginia.
Investors will appreciate the established occupancy and existing rental structure. With nine leased units across two buildings, the property provides multiple sources of income within a single investment. The combination of tenant diversity, highway visibility, and strategic location contributes to the property's functionality as a commercial real estate asset.
The property's commercial setting and visibility create opportunities for continued leasing activity and tenant retention. Businesses seeking exposure along a well-traveled route may find the location advantageous due to its accessibility and recognizable presence along the corridor.
Whether you are seeking to expand an existing commercial portfolio, complete a 1031 exchange, or acquire an income-producing property with established tenancy, this offering presents a rare opportunity in Greene County's commercial market. The combination of two buildings, nine occupied rental units, highway frontage, and a strategic southwestern Pennsylvania location makes this a noteworthy investment opportunity.
Property shown by appointment only. Contact Jeremiah Voithofer with Whitetail Properties for additional information or to schedule a private showing.
Property Facts
| Price | $2,934,036 CAD | Number of Properties | 2 |
| Price / SF | $237.88 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 9% | Total Building Size | 12,334 SF |
| Sale Type | Investment | Total Land Area | 9.70 AC |
| Status | Active |
| Price | $2,934,036 CAD |
| Price / SF | $237.88 CAD / SF |
| Cap Rate | 9% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 12,334 SF |
| Total Land Area | 9.70 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2232 E Roy Furman Hwy, Carmichaels, PA 15320 | Industrial | 5,000 SF | 2019 | - |
| 104 Carmichaels Plz, Carmichaels, PA 15320 | Retail | 7,334 SF | - | - |
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