Share This Listing

Message

959 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

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

Save this listing!

Favorite this listing to get notified of price updates, new media and more

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

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 is a privately held financial services firm focused on individual investors and small businesses. Founded in 1922, the company operates from its headquarters in the St. Louis area with a U.S. regional headquarters in Tempe, serving clients through a broad network of local branch offices. The firm offers investment guidance, retirement and education savings strategies, insurance solutions, and cash and credit products delivered by financial advisors backed by home-office resources. Edward Jones is the principal operating company of The Jones Financial Companies and is not publicly traded. The firm highlights a long-standing branch-office model designed to provide in-person advice within communities; its corporate sites cite a footprint of more than 15,000 branch locations in North America and tens of thousands of associates, including financial advisors, across the U.S. and Canada. Senior leadership includes Managing Partner Penny Pennington and executives overseeing operat

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Finance and Insurance - - Jan 0000
Walk Score®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

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
  • Listing ID: 39090963

  • Date on Market: 1/15/2026

  • Last Updated:

  • Address: 526 Fallowfield Ave, Charleroi, PA 15022

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}