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Executive Summary

+/- 10,000-square-foot building ready for redevelopment in Ambridge. Beautiful old building waiting for the right person to bring it back to life. It has a new roof, windows & electricity. The current setup is 3,300 sqf. commercial on the first floor, with 4 condos above, with 2 to 3 bedrooms each. You could do a commercial on the first floor, or 3 units. The building has been gutted from top to bottom, so there are no surprises. It is ready to be remodeled the way you want. Also, an enormous, dry basement with high ceilings. offering endless potential for use as an entirely retail building or a multi-family/residential building. when complete potential income $9k +

Property Facts

Price $300,000
Price Per Unit $75,000
Sale Type Investment or Owner User
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront
  • Office Medical
  • Office Office Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.10 AC
Building Size 10,004 SF
No. Stories 3
Year Built 1970
Zoning Commercial & Residential
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
09-002-0427.000
Land Assessment
$8,850
Improvements Assessment
$29,150
Total Assessment
$38,000
  • Listing ID: 38816757

  • Date on Market: 12/18/2025

  • Last Updated:

  • Address: 465 Merchant St, Ambridge, PA 15003

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