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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
- Edward Jones
- Finance and Insurance
- -
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Edward Jones | Finance and Insurance | - | - | Jan 0000 |
Very walkable
80/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
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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