135 Main StButler, PA 16001

  • Other commercial real estate
  • 0.08 AC
For Sale
$550,000 View listing

Property Details for 135 Main St

Lot size
0.08 AC
Property type
Other commercial real estate
APN
562 9 1900000
APU
56291900000

Description

This exceptional investment opportunity presents a well-established, nostalgic storefront and apartment building located at 135 N Main St, Butler, PA. The property sits on a 0.08-acre lot and boasts a prime location with over 20,000 daily vehicles passing by, ensuring high visibility and foot traffic. The commercial storefront space, currently occupied, will become available in February, offering a blank canvas for a new business owner or the potential for continued lease income. The building also includes six fully occupied apartments, providing a consistent rental income stream. This mix of commercial and residential units creates a diversified investment portfolio with significant potential for growth. A one-stall garage offers additional storage space, adding to the property's overall functionality. The asking price for this unique property is $550,000. This is a rare chance to acquire a well-situated property with a proven track record in a thriving area. The combination of a high-traffic location, existing rental income, and the potential for a new commercial tenant makes this an attractive opportunity for savvy investors seeking a strong return on investment. Don't miss out on this chance to own a piece of Butler's history and future.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $851,076
    Hospitality
    $779,581
    Educational
    $648,602
    Medical
    $670,908
    Retail
    $1,008,936
135 Main St, Butler, Pennsylvania

Location Insight

City
Butler
County
Butler
State
Pennsylvania
Latitude
40.8617
Longitude
-79.8948
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
$3,086
$2,880
$14,400
$17,280
-
-
$17,280
$17,280

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