For Sale
$650,000

15 Eastgate Ave Monessen, PA 15062

Versatile Multi-Unit Building, High Income Potential

Overview

Added:
Feb 3
Days on market:
81
This exceptional commercial property at 15 Eastgate Ave, Monessen, PA, presents a unique investment opportunity. Located in the Gateway Business District with B-3 zoning, this two-level brick building boasts a substantial 15,952 square feet of space across two levels. The property sits on a 0.84-acre lot and includes a large, paved parking lot accommodating 50+ vehicles, providing ample parking for tenants and visitors. The upper level, exceeding 7,000 square feet, currently functions as a recreational hall, complete with two exterior entrances, a loading dock, bar area, kitchen, five bathrooms (one with a dressing area), office space, and extensive storage. This space is immediately rentable as a social hall. The lower level, accessible via its own entrance from a well-maintained parking lot and sidewalk encircling the building, offers an additional 7,952 square feet of leasable space. Currently occupied by a dental practice, beauty salon, and at least three other tenants, this level provides significant rental income potential. The building's solid construction and versatile layout offer numerous possibilities for future development and income generation. The property's prime location and ample parking make it an attractive option for a wide range of businesses. This is a rare opportunity to acquire a substantial commercial property with immediate income potential and significant upside. The asking price is $650,000.

Property Details for 15 Eastgate Ave

Property type
Commercial real estate
Year Built
1950
Lot Size (sq. ft)
36,590 SF

Location Insight

City
Monessen
County
Westmoreland
State
Pennsylvania
Latitude
40.15946
Longitude
-79.87288

FAQs

What type of property is this?
Commercial real estate - Versatile Multi-Unit Building, High Income Potential
Where is the commercial real estate located?
The property is located at 15 Eastgate Ave Monessen, PA.
What is the asking price?
The asking price for this property is $650,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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15 Eastgate Ave
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