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517 Lawrence Ave
Ellwood City, PA 16117
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
19,800 SF
Building Class
C
Year Built
1930
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.57
Lot Size
0.80 AC
Zoning
C-1
Parking
3 Spaces (0.15 Spaces per 1,000 SF Leased)
Frontage
28’ on Lawrence Ave

Amenities

  • Air Conditioning

About 517 LAWRENCE AVE , ELLWOOD CITY, PA 16117

ONLINE COMMERCIAL REAL ESTATE AUCTION MULTI USE COMMERCIAL BUSINESS BUILDING! GREAT INVESTMENT / INCOME BUILDING!! Per Seller: Recent rents of up to $3,500.00 per month, with only 2 floors, and additional up to $1,000.00 per month on the 3rd. Low taxes, insurance, upkeep, newly updated. Originally on the market for over $300,000.00! PRIME LOCATION IN THE BUSINESS DISTRICT! SOLID BUILDING / INSTANT INCOME EARNER / MUST SEE! 517 Lawrence Avenue, Ellwood City, PA 16117 Minutes to Pittsburgh & Youngstown regions! OPEN HOUSE / INSPECTION: Please call or email us to schedule your viewing appointment today! Broker/Agent participation invited, fees paid. ADDITIONAL OPEN HOUSE: Doors open on auction closing day, Thurs., Mar. 5th @ 4 PM for inspection. We will also accept bids on the "floor" on auction day, and the internet, at location on Mar. 5th. OVERVIEW: Three story brick multi use building, located in main business district of Ellwood City. Original structure used as furniture store with 3 finished floors, high head room, freight elevator and front/rear entry ways. The building has experienced major mechanical updates along w/some structural changes within recent years. Each floor has independent heating systems/A-C and electrical services. All per seller. Many other updates and improvements. Ready to do business, or rent! Multi tenant candidate! Great income building! Recent rents totaled over $3,000.00 per month for only 2 floors. OVERVIEW & PREVIOUS RENTS: FLOOR #1: Huge ready to rent, retail, office, call center, of other space. Restrooms, newer heat, elec, & a/c, Back store space, overhead door, back unloading. Previously rented to Hallmark, at $2,500.00 per month. 6,000 sq ft plus. FLOOR #2: Multi -Tenant: Already built out, up to 3 rentals, Previously at Approx. $900.00 monthly. Restrooms, common area & private rentals. Newer heat, a/c, electrical / Approx 6,000 plus sq. ft. FLOOR #3: Newer heat, a/c elec, windows, restrooms, office, clear span finished hardwood floors. Perfect for light, warehouse concept use. Approx 6,000 plus sq. ft. • Wide Stair access for all floors and tenants • 2 pallet, older freight elevator service to all floors, needs repair, but big plus! One side, newly city investment for business lot. Opposite side, striving businesses, and City Building. *All approximation sizes, rents, and claims provided by the seller. All info provided by the seller, not Loomis Auctioneers. All bidders / buyers agree to hold harmless Loomis Auctioneers of any liability of representation, claims, or other whatsoever. ALL Real Estate Sold AS -IS.

Property Taxes

Property Taxes

Parcel Number
12-009100
Land Assessment
$26,400
Improvements Assessment
$26,200
Total Assessment
$52,600
  • Listing ID: 13079500

  • Date on Market: 7/5/2018

  • Last Updated:

  • Address: 517 Lawrence Ave, Ellwood City, PA 16117

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