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526 Fallowfield Ave 2,000 SF 100% Leased Retail Building Charleroi, PA 15022 $396,900 ($198.45/SF) 11.49% Cap Rate



Investment Highlights
- 100% occupied
- Fully renovated in 2020
- 7 units (1 commercial tenant, 6 residential tenants)
Executive Summary
100% occupancy and immediate income await you at Charleroi’s mixed-use gem 526 Fallowfield Avenue. A truly turnkey investment property with style, stability, and strong cash flow, this fully renovated asset features six residential apartments plus one street-level commercial office space. Completely gutted and rebuilt just a few years ago by the current ownership, 526 Fallowfield boasts modern systems, finishes, and infrastructure. The result is a clean, efficient building designed for long-term performance and minimal maintenance. The apartments produce consistent in-place income across a diverse unit mix of one- and two-bedrooms, including on-site coin-operated laundry, and large basement storage, while the commercial storefront adds additional long-term revenue stream and tenant diversification. Current operations support an attractive stabilized return with a proven five-year track record, making this a smart option for investors seeking dependable cash flow without the headaches of deferred maintenance. The recent renovation significantly reduces near-term capital expenditure risk—an advantage rarely found in properties of this size and price point. Positioned strongly along a main corridor in Charleroi’s Central Business District, the property offers strong visibility, easy access, and proximity to local amenities. Whether you’re expanding an existing portfolio or acquiring your first mixed-use asset, this opportunity delivers immediate income, long-term reliability, and future upside in a growing regional market. Welcome to 526 Fallowfield Avenue!
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,000 SF
Building Class
C
Year Built/Renovated
1950/2020
Price
$396,900
Price Per SF
$198.45
Cap Rate
11.49%
NOI
$45,586
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.92
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District
Frontage
23’ on Fallowfield Ave
Amenities
- Bus Line
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Finance and Insurance
- -
- -
-
Jan 0000
Edward Jones began in 1922 when Edward D. Jones Sr. established the company in Missouri. The firm pioneered the branch office brokerage model in the United States. Today, it operates as a financial services company providing investment solutions for individual investors. Their business model focuses on personalized financial advice through local branches. Edward Jones serves clients across North America with various financial products and guidance services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Finance and Insurance | - | - | Jan 0000 |
Walk Score®
Very Walkable (80)
Property Taxes
| Parcel Number | 1600190007002600 | Total Assessment | $106,200 |
| Land Assessment | $12,000 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $94,200 | Tax Year | 2025 |
Property Taxes
Parcel Number
1600190007002600
Land Assessment
$12,000
Improvements Assessment
$94,200
Total Assessment
$106,200
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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526 Fallowfield Ave
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