112 Main StLeechburg, PA 15656

Property Details for 112 Main St

Year built

1890

Lot size

0.09 AC

Property type

Other retail properties

Property subtype

Retail properties

Description

This exceptional investment opportunity in Leechburg, PA, presents a mixed-use commercial property at 112 Main Street, encompassing 0.09 acres. The building features two street-level retail spaces, one currently occupied by a long-term tenant and the other recently vacated, offering immediate income potential and future leasing prospects. A spacious upper-level apartment, also with a long-term tenant, adds to the property's consistent cash flow. The main level boasts two separate electric meters, one for each retail space, ensuring efficient utility management. Heating is provided by a gas forced-air system for the retail units and a new boiler furnace for the apartment. Cooling is handled by central air conditioning in the main level and window units in the apartment. Hot water is supplied by a separate tank for the left retail space, while the right retail space and the apartment share a common hot water tank. The left retail space (114 Main St) comprises approximately 75% of the main level and includes a two-car garage. The right retail space offers an open office area, a powder room, and a small break room. The upper-level apartment (112A Main St) is a comfortable three-bedroom, one-bathroom unit with a kitchen, dining room, and living room. Both the retail tenants and the apartment tenant are currently on month-to-month leases, providing flexibility for future management. This property is priced at $140,000 and represents a strong value for investors seeking a diversified income stream in a desirable location.

Location Insight

City

Leechburg

County

Armstrong

State

Pennsylvania

Latitude

40.6277

Longitude

-79.6069

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