219 3Rd StBeaver, PA 15009

Property Details for 219 3Rd St

Year built

1900

Lot size

0.16 AC

Property type

Office properties

Property subtype

Office buildings

APN

14-001-0210.01A

APU

14001021001A

Description

This stunning Victorian property at 219 Third Street, Beaver, PA, presents a unique investment opportunity. Situated on a 0.16-acre lot, this building offers exceptional versatility thanks to its Gateway Commercial East zoning. The first floor, currently configured as ADA-accessible professional office space, boasts classic Victorian details including beautiful stained-glass windows. A separate entrance leads to a spacious upper-level apartment complete with its own laundry room. The property's adaptable design allows for several potential uses: conversion to residential apartments or condos, or continued use as a combination office/apartment building. Its prime downtown Beaver location offers easy access to the Bridgewater riverfront and the Beaver historic campus/museum, providing convenient access to local amenities and attractions. The building's unique architectural features and flexible zoning make it an ideal investment for those seeking a high-return property with significant upside potential. The asking price is $209,000. This is a rare opportunity to acquire a distinctive property in a desirable location with multiple income streams. Don't miss out on this exceptional chance to own a piece of Beaver's rich history and vibrant future. The square footage is not currently available.

• CAP approach

  CAP return

  Valuation

  6%

  $1,325,535

  6.5%

  $1,223,570

  7%

  $1,136,172

• Comparable approach

  Method

  Valuation

  Relative Method

  $651,974

  Geo Method

  $651,974

• Alternative Use

  Use

  Valuation

  Residential

  $1,517,227

  Hospitality

  $1,389,772

  Educational

  $1,156,274

  Medical

  $1,196,040

  Retail

  $1,798,648

Location Insight

City

Beaver

County

Beaver

State

Pennsylvania

Latitude

40.6978

Longitude

-80.2979

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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