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FCB Realty 124 N Center Ave 33,743 SF Office Building Somerset, PA 15501 $275,000 ($8.15/SF)
INVESTMENT HIGHLIGHTS
- Historic commercial building
- Excellent exposure to vehicle and pedestrian traffic
- Located in Uptown Somerset
EXECUTIVE SUMMARY
Location, Location, Location, Historic commercial building in Uptown Somerset. This mixed-use building has a potential gross area of 33,000 sq ft., with approximately 18,000 currently rented. Three main-level retail units have excellent exposure to vehicle and pedestrian traffic. The building has an elevator with 4 levels of access. Close walking distance to the courthouse, post office, banks, and uptown shops. Financials are available for qualified buyers with a confidentiality agreement. The current owner is appealing on 10/31/2025. We expect a large decrease in taxes
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Deferred Maintenance
Property Type
Building Size
33,743 SF
Building Class
B
Year Built
1900
Price
$275,000
Price Per SF
$8.15
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
11,248 SF
Building FAR
3.00
Lot Size
0.26 AC
Opportunity Zone
Yes
Zoning
Commercial - commercial zoning many approved uses
1 1
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 410015040 | Total Assessment | $231,470 |
| Land Assessment | $0 | Annual Taxes | ($33,743) (($1.00)/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
410015040
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$231,470
Annual Taxes
($33,743) (($1.00)/SF)
Tax Year
2025
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FCB Realty | 124 N Center Ave
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