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Investment Highlights

  • 3 Commercial Buildings Side-by-Side
  • High Traffic Area 3 Miles from PA Turnpike
  • Fully Leased
  • 2 Parking Lots

Executive Summary

Three commercial buildings offered as a package in a high-visibility location along Route 18. All three properties are fully leased with an excellent rental history. The information below reflects the combined totals for all three buildings.
3410 Route 18 – Parcel #07-003-0309 (College Hill Commons)
Built in 2005 and features 3,386 SF of office/retail space, including four office/retail suites and four bathrooms. An additional 3,378 SF consists of eight garage/storage bays. Separate utilities and a parking lot with 17 spaces.
3414 Route 18 – Parcel #07-003-0308 (College Hill Annex)
Includes 400 SF of commercial space, a 1,250 SF apartment with three bedrooms, and an additional 1,650 SF of garage/storage space. Separate gas and electric service, along with two off-street parking spaces.
3420 Route 18 – Parcel #07-003-0307 (College Hill Plaza)
Features 5,080 SF containing six business suites with eight leased spaces, six bathrooms, and a three-bedroom apartment. An additional 5,080 SF includes three garage/storage areas. Parking lot with 10 spaces.
These nicely maintained investment properties offer a strong income-producing opportunity in a prime location, just three miles from both I-376 and the Pennsylvania Turnpike.

Attachments

Client_Full3240
3420 4th Avenue
3414 4th Ave
3410 4th Ave

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
13,894 SF
Building Class
C
Year Built
2005
Price
$799,000
Price Per SF
$57.51
Cap Rate
6.06%
NOI
$48,430
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.94
Lot Size
0.34 AC
Zoning
C-1 & C-2
Parking
17 Spaces (1.22 Spaces per 1,000 SF Leased)
Frontage
210’ on 4th Ave

Amenities

  • Bus Line
  • Corner Lot
  • Pylon Sign
  • Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
07-003-0309.000
Land Assessment
$12,650
Improvements Assessment
$227,850
Total Assessment
$240,500
  • Listing ID: 31671212

  • Date on Market: 5/1/2024

  • Last Updated:

  • Address: 3420 4th Ave, Beaver Falls, PA 15010

Contact the Sale Advisor

3420 4th Ave

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