1149 Merchant StAmbridge, PA 15003

  • Office properties
  • 3,228 SF
For Sale
$195,000 View listing

Property Details for 1149 Merchant St

Year built
1929
Construction
BRICK
Lot size
0.05 AC
Property size (Sq ft)
3,228 SF
Property type
Office properties
Property subtype
Office buildings
APN
11-004-0535.000
APU
110040535000

Description

This exceptional mixed-use building presents a compelling investment opportunity in the revitalizing borough of Ambridge, Pennsylvania. Situated on bustling Merchant Street, this two-story property boasts high visibility and accessibility for pedestrians, vehicles, and public transportation. The building offers two designated parking spaces at the rear, supplemented by on-street parking in front. Historically utilized as a combined residence and barber shop on the first floor, with two leased apartment units on the second, this property offers diverse potential uses. Imagine expanding upon the existing configuration as a boarding house, student housing, or even an Airbnb operation. The fully functional barber shop retains its original architectural charm. The building has been meticulously maintained throughout its family ownership, with significant updates including a new boiler (installed end of 2022), a roof replacement in 2015, new windows, a new washer/dryer, a recently replaced rear entrance door, and updated exterior lighting. A functional security system is in place and transferable to the new owner. The property also features emergency lighting and smoke alarms compliant with all current codes. The 0.05-acre lot provides ample space for the building and its associated uses. This property is priced at $195,000 and represents a rare chance to acquire a well-maintained, versatile property in a growing community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $613,892
    6.5%
    $566,669
    7%
    $526,193
  • Comparable approach

    Method
    Valuation
    Relative Method
    $301,947
    Geo Method
    $301,947
  • Alternative Use

    Use
    Valuation
    Residential
    $702,670
    Hospitality
    $643,642
    Educational
    $535,502
    Medical
    $553,919
    Retail
    $833,004
1149 Merchant St, Ambridge, Pennsylvania

Location Insight

City
Ambridge
County
Beaver
State
Pennsylvania
Latitude
40.5941
Longitude
-80.2308
CBSA code
38300
CBSA name
PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,803
$6,400
$66,250
$72,650
-
$12,800
$132,500
$145,300

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].