938 Oakland AveIndiana, PA 15701

Property Details for 938 Oakland Ave

Year built

1940

Lot size

0.46 AC

Property size (Sq ft)

7,200 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

24-003-409

APU

24003409

Description

This exceptional commercial property, situated at 938 Oakland Avenue in Indiana, Pennsylvania, presents a lucrative investment opportunity. Ideally located adjacent to Indiana University of Pennsylvania's main campus, this well-maintained building boasts significant street frontage on the heavily trafficked State Route 286/Oakland Avenue. The property encompasses a substantial 0.46-acre lot and offers a unique blend of income streams. The building houses 10 beautifully appointed suites, providing comfortable accommodation for 41 students. A well-established and consistently profitable coin-operated laundromat is also integrated into the property, adding another layer of revenue generation. Further enhancing the property's appeal is a covered courtyard providing ample outdoor space, abundant parking, and full ADA accessibility. A comprehensive security system ensures the safety and security of the building and its occupants. This turnkey operation is ready for immediate income generation and presents a compelling opportunity for both seasoned and new commercial real estate investors seeking a high-return, diversified portfolio addition. The property's prime location, diverse income streams, and excellent condition make it a truly exceptional investment prospect.

Location Insight

City

Indiana

County

Indiana

State

Pennsylvania

Latitude

40.6208

Longitude

-79.1571

CBSA code

26860

CBSA name

INDIANA, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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