129 Grand AveMars, PA 16046

Property Details for 129 Grand Ave

Lot size

0.16 AC

Property type

Apartment buildings

APN

450 S2 B110000

APU

450S2B110000

Description

This exceptional mixed-use property in Mars, Pennsylvania, presents a compelling investment opportunity. Located at 129 Grand Avenue, this two-story building boasts a prime corner lot on the main street, offering high visibility and accessibility. The main level features approximately 2,400 square feet of vacant commercial space, previously occupied by a pharmacy, now ready for a variety of businesses. Two separate street entrances enhance convenience and potential. A fully operational bakery occupies the rear of the ground floor. The basement provides ample storage and a powder room. Upstairs, two residential apartments generate additional income. One apartment includes two bedrooms, a full bath, and an updated kitchen; the other offers one-plus bedrooms, a full bath, a kitchen, and a bonus room. The property includes ten dedicated parking spaces, supplemented by adjacent public parking. All tenants maintain separate utility accounts. Roof access is available. This property benefits from its location in the thriving Mars Area School District, combining small-town charm with easy access to major highways. The building's 75% occupancy and stabilized investment status make it an attractive proposition. The asking price is $599,900. The total square footage ranges from 2,400 to 3,600 square feet. Low taxes further enhance the return on investment.

Location Insight

City

Mars

County

Butler

State

Pennsylvania

Latitude

40.6967

Longitude

-80.01

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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