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433-435 Lawrence Ave 11,869 SF Vacant Retail Building Ellwood City, PA 16117 $350,000 ($29.49/SF)
Investment Highlights
- Located in the heart of downtown Ellwood City, ensuring high visibility and accessibility.
- Total rental space of 12,623 square feet, providing significant income-generating potential.
- Tenants cover all utilities and several handle their own maintenance, reducing landlord overhead.
- Combines 8,445 square feet of office space and 4,178 square feet of retail space, offering diverse revenue opportunities.
- Currently, 6 out of 12 units are leased, delivering consistent monthly income.
- Situated on a 0.16-acre lot, offering efficient use of space in a central location.
Executive Summary
Investor's Dream! Prime mixed-use commercial property in the heart of downtown Ellwood City, situated at the corner of 433 & 435 Lawrence Avenue and 303-311 5th Street in Lawrence County. This 0.16-acre property boasts 12,623 square feet of rental space, including 8,445 square feet of office space and 4,178 square feet of retail space. Currently, 6 units are leased, generating consistent monthly income: Unit 1: $814, Unit 2: $700, Unit 3: $425, Unit 4: $425, Unit 5: $350, Unit 6: $400. Tenants cover all utilities, with several also responsible for their own maintenance. Seize this exceptional investment opportunity!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
11,869 SF
Building Class
B
Year Built/Renovated
1950/2023
Price
$350,000
Price Per SF
$29.49
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.60
Lot Size
0.17 AC
Zoning
C 3 - Commercial - Retail Storefronts
Frontage
Moderately walkable
60/100
Moderately drivable
60/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 12-038600 | Improvements Assessment | $138,700 |
| Land Assessment | $36,200 | Total Assessment | $174,900 |
Property Taxes
Parcel Number
12-038600
Land Assessment
$36,200
Improvements Assessment
$138,700
Total Assessment
$174,900
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433-435 Lawrence Ave
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