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Investment Highlights

  • Flexible Commercial Space
  • Favorable Zoning
  • High-Visibility Corner Lot
  • Unique Value-Add Infrastructure

Executive Summary

ONLINE REAL ESTATE AUCTION
Multi-Use Corner Location Commercial Building – Frm Bank w/Drive-Thru
Flexible Commercial Space - Offering approximately 2,134 SF featuring a functional upper level with a kitchenette, restrooms, office and storage, plus a below-grade level offering generous storage capacity, office and additional restrooms — ideal for a wide range of business operations with room to Expand – Located in the Heart of Downtown.
Unique Value-Add Infrastructure - Including two large walk-in safes and a dedicated safety deposit box area, offering rare built-in security assets that command premium appeal for high-value retail tenants. Potential medical cannabis distribution site.
High-Visibility Corner Lot - Situated on a ±0.21-acre parcel along Merchant Street in a thriving downtown corridor, complete with two drive-thru lanes — a standout feature that significantly broadens tenant demand and supports businesses requiring convenient customer access.
Retail Trade Area - Surrounded by a diverse mix of retail stores and restaurants with strong community patronage, providing built-in foot traffic and a proven consumer base for incoming tenants.
Favorable Zoning - Currently zoned C (Commercial District) which permits a broad spectrum of uses including retail, professional offices, restaurants, cafés, storage, and radio broadcasting — maximizing leasing flexibility and long-term repositioning potential for investors.
Regional Lender Orders Immediate Sale of Multiple Surplus Assets!
Multiple Locations for Auction in WV, KY, PA & OH - Call Today for the List of Branches & Surplus Asset Properties!
Free & Clear Title Guaranteed – Title Insurance Available!
Online Bidding May 11- May 12. Visit ww.Tranzon.com/TAA2614A for more information and online bidding.
Preview: Wednesday, May 6 from 12 NOON - 1:00 PM EST

Attachments

Zoning

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
3,400 SF
Building Class
B
Year Built
1949
Tenancy
Single
Building Height
2 Stories
Building FAR
0.78
Lot Size
0.10 AC
Frontage
2’ on Merchant St
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Somewhat bikeable
20/100

Nearby Major Retailers

Huntington National Bank
Curves
Sunbelt Rentals

Property Taxes

Property Taxes

Parcel Number
10-002-0917.000
Land Assessment
$8,850
Improvements Assessment
$137,350
Total Assessment
$146,200
  • Listing ID: 40106508

  • Date on Market: 4/10/2026

  • Last Updated:

  • Address: 506 Merchant St, Ambridge, PA 15003

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