200 Bridge StBeaver, PA 15009

Property Details for 200 Bridge St

Year built

1900

Construction

BRICK

Lot size

0.15 AC

Property size (Sq ft)

9,550 SF

Property type

Grocery and convenience stores

APN

17-001-0800.000

APU

170010800000

Description

This exceptional 850,000 USD property at 200 Bridge Street, Beaver, PA, presents a unique investment opportunity in a vibrant town center location. Situated on a 0.15-acre corner lot, this large historic building offers a compelling blend of commercial and residential income streams. The main level currently houses four thriving small businesses, each operating under separate lease agreements. This provides a stable and diversified income base for the investor. The upper levels comprise three residential apartments, offering additional rental income potential. Two of these apartments, located on the second floor, share a common kitchen area but each boasts its own private bathroom. Adding to the property's versatility is a gymnasium situated on the upper level, providing a unique amenity and potential for further income generation or repurposing. The building's historic character and prominent corner location offer significant visibility and appeal. This property is ideal for an investor seeking a mixed-use portfolio addition with established tenants and strong potential for future growth and value appreciation within a thriving community. The building's size and layout offer flexibility for future renovations or adaptive reuse, allowing for customization to meet evolving market demands. This is a rare opportunity to acquire a substantial, income-producing property in a desirable Pennsylvania town. The property's current configuration and established tenancy provide immediate cash flow, making it an attractive investment for both seasoned and emerging real estate investors.

• CAP approach

  CAP return

  Valuation

  6%

  $2,669,802

  6.5%

  $2,464,432

  7%

  $2,288,402

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,251,134

  Geo Method

  $2,251,134

• Alternative Use

  Use

  Valuation

  Residential

  $2,078,841

  Hospitality

  $1,904,207

  Educational

  $1,584,278

  Medical

  $1,638,764

  Retail

  $2,464,432

Location Insight

City

Beaver

County

Beaver

State

Pennsylvania

Latitude

40.7007

Longitude

-80.2938

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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