400 5th St - Apartments FOR SALE


Charleroi, PA 15022
$169,900 USD
412-282-3954
400 5th St, Charleroi, PA for Sale
$169,900 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

400 5th St
Charleroi, PA 15022


HIGHLIGHTS

  • Historically significant brick construction built in 1927 with authentic architectural character.
  • Offers approximately 12,000–14,000 square feet of space enabling multiple redevelopment scenarios.
  • Previously configured for eight residential units plus entertainment spaces including banquet and social halls.
  • Commercial zoning provides flexibility for conversion into residential apartments, mixed-use spaces, or event venues.
  • Utility connections in place: gas, electricity, water, and sewer included.
  • Situated in Charleroi, offering convenient access to regional routes and established community amenities.

OVERVIEW

Rare opportunity to acquire a historic brick structure in Charleroi Boro offering unmatched redevelopment potential. Previously configured for eight 2-bedroom, 1-bath apartments, this substantial 1927-built asset represents a compelling option for investors and visionary owner-operators alike. The property includes a banquet hall in the basement and a large social hall occupying the entire top floor, creating possibilities for mixed-use conversion, event space, or residential restoration. Located within Charleroi’s core area and zoned for commercial use, the site lends itself to versatile redevelopment aligned with market demand for adaptive reuse projects. The building’s durable brick construction, inherent character, and flexible layout allow creative repositioning—whether as apartments, boutique lodging, or a hybrid commercial-residential concept. Utilities on-site include electricity, gas, water, and sewer, helping to streamline any renovation timeline. This high-potential property is a prime candidate for value-add investment in Washington County’s steadily evolving landscape.

FOR SALE DETAILS

PRICE

$169,900 USD

PRICE/SF

$10 USD /SF

# OF UNITS

8

PRICE/UNIT

$21,238

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,095 SF

ZONING

-

APN/PARCEL ID

1600190005002200

ASK ABOUT THIS PROPERTY

Mike VieiraeXp RealtyMore Info
412-282-3954

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Mike VieiraeXp RealtyMore Info
412-282-3954

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.