207 Adams AveCanonsburg, PA 15317

Property Details for 207 Adams Ave

Year built

1923

Lot size

1.26 AC

Property size (Sq ft)

4,672 SF

Property type

Retail space

APN

110-040-00-03-0010-00

APU

1100400003001000

Description

This exceptional 0.87-acre retail property at 207 Adams Ave, Canonsburg, PA, is offered at $645,000. The building boasts a rich history, having served as a market, boarding house, and speakeasy, adding unique character to its current use as an antique and furniture retail space. The main floor offers a spacious, open-concept layout, ideal for a variety of retail uses, achieved by significantly opening up the original structure. Original features such as tin ceilings and hardwood floors remain, adding to the building's charm. Upstairs, several separate rooms provide potential for office space or additional retail areas. A partially finished attic offers substantial storage. The property includes eight dedicated parking spaces: six behind the building and two to the right, providing ample parking for customers and employees. Convenient access to parking is provided via exterior doors on both the main and upper floors, facilitating easy loading and deliveries. The main level is ADA compliant, featuring a ramp leading to the front entrance, ensuring accessibility for all. This versatile property presents a rare opportunity to own a piece of Canonsburg's history while capitalizing on its prime downtown location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,306,106

  6.5%

  $1,205,636

  7%

  $1,119,520

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,101,288

  Geo Method

  $1,101,288

• Alternative Use

  Use

  Valuation

  Residential

  $1,016,999

  Hospitality

  $931,566

  Educational

  $775,052

  Medical

  $801,707

  Retail

  $1,205,636

Location Insight

City

Canonsburg

County

Washington

State

Pennsylvania

Latitude

40.2622

Longitude

-80.1779

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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