5 Storefront Commercial Building For Sale By Owner in Pennsylvania $39K

OHU50K Notes $39,000

Here is five storefront commercial building for sale with fixer upper units overhead. The owner is offering the building at a cut rate of $39,000 if the buyer goes through FB Marketplace rather than his realtor. It’s interesting, but I would do intensive research first.

 

 

Seller Comments

 

Location

This is a vacant 20,000+sqft mixed-use commercial building sold in as-is condition. Located in the historic town of Donora PA. This fixer upper home is surrounded by friendly locals 58mins away from Pittsburgh PA, 56mins from the Pittsburgh International Airport, and 20mins away from PennWest California University. This is an approximately 20,000+sqft 3 story commercial building sitting on approximately 7,405sqft of land. This is located in the heart of downtown Donora. On the main street of McKean Ave.

Units

This building has a total of 5 units. This units comprised of a dentist office, a hair salon, a retail store, a convenience store, a second retail store, and a barbershop. There are 3 storefronts on the front of the building and 2 store fronts on the side of the building totaling 5.

Unit 1 – 2,000 sq. ft. – currently laid out as medical office, with several separate exam and office rooms – 2 restrooms.

Unit 2 – 2,000 sq. ft. – open layout – formerly set up as a beauty salon.

Unit 3 – 2,000 sq. ft. – corner unit – open layout – formerly a convenience store.

Unit 4 – lower level, side entrance – 900 sq. ft. – open layout – formerly a re-sale store.

Unit 5 – side entrance – formerly a barber shop – approx. 500 sq. ft.

Second and Third Floors

The second and third floors have not been used in many years. There are 2+ ballrooms there were used back in the early 1900’s. The remaining spaces upstairs were used as office spaces. They would need complete renovations, but could be made into several apartments. ——-

Occupancy

All units are currently vacant. All 5 storefronts were last used around 2017 until the previous owner past away. The upper 2nd/3rd floor have not been used for decades. ——-

Condition

Foundation – No major issues seen with the foundation. Roof – Roof was last updated about 10 years ago. Utilities – The electrical, water tanks, and furnaces, were updated less than 10 years ago for the bottom 5 units. –

More

Utilities: Power: Available. (West Penn Power/First Energy). Water: Public water. (Charleroi Water Authority). Sewer: Public sewer. (Mon Valley Sewage Authority). ——– Zoning: The building is zoned for mixed use. The mixed-use buildings on this street are typically used as commercial spaces on the bottom and apartments on the upper floors. This build has commercial space on the bottom and old commercial offices on the top that could be converted into apartments. ————- Rent: Commerical space rents are around $600/mo in Donora PA. 1 bedroom apartments go for $400-$500/mo 2 bedroom apartments go for $600-$700/mo Tenants typically pay electricity and gas. ————- Assessment: Assessment Value: $231,600

Price

We currently have this building listed for $94,900 with our realtor. If purchased through FB Marketplace, we are offering a discounted price of $39,000. ———— Taxes: Annual taxes are paid up to the current year. Annual taxes approximately $5,600/yr ————- For this lot, we’re only asking $39,000 plus $899 for closing = $39,899. This property is sold as-is via special warranty deed. ———— Financing: Seller financing will be considered with at least $10,000 down. $39,000 + $899 for closing totaling $39,898 cash price. Or $45,000 flat with $10,000 down, seller financing price.

 

• 20,000sqft
• 7,405sqft lot
• Circa 1900s

 

 

If interested in this property, please contact the seller via the FB Marketplace link below.

• Contact Seller: Vance – Text (No calls) 81four-34three-066five
• Google Map
• Niche

584 McKean Ave, Donora, PA 15033      $39,000

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