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Executive Summary
The iconic Bank of Charleroi and Trust building is now available and ready for its next chapter. This is a rare opportunity to make your mark in the Mon Valley real estate market with a truly one-of-a-kind property. Continue its legacy as a financial institution, or reimagine it as a destination restaurant, boutique hotel, apartment complex, brewery, or another standout commercial use... the possibilities are virtually limitless. Offering nearly 16,000 square feet across multiple levels, the building features soaring ceiling heights and timeless stone and marble architectural details throughout. Original bank vaults remain intact, adding character and authenticity that simply cannot be replicated (maybe the perfect spot for a cool Escape Room business). The impressive main level spans over 5,000 square feet with approximately 30-foot ceilings and includes dedicated teller stations, multiple vaults, offices, and restrooms. The second floor offers a conference room with kitchenette, loft-style space, and additional bathrooms. The lower level provides substantial additional square footage, break rooms, restrooms, and an exceptionally large vault. All three main floors are accessible by both stairs and elevator. There are two additional levels accessed via ladder above what you can see! Ideally located with high traffic exposure and just minutes from I-70, this landmark property combines history, scale, and flexibility... ready to be transformed into something extraordinary!!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
5,500 SF
Building Class
C
Year Built
1900
Price
$600,000
Price Per SF
$109.09
Tenancy
Single
Building Height
5 Stories
Building FAR
1.00
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
CBD - Commercial Business District
Frontage
139’ on Fallowfield Ave
Very walkable
80/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 1600190006001400 | Improvements Assessment | $184,691 |
| Land Assessment | $15,100 | Total Assessment | $199,791 |
Property Taxes
Parcel Number
1600190006001400
Land Assessment
$15,100
Improvements Assessment
$184,691
Total Assessment
$199,791
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501 Fallowfield Ave
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