52 W Main St - Apartments FOR SALE


Uniontown, PA 15401
$4,500,000 USD
724-272-4225
52 W Main St, Uniontown, PA for Sale
$4,500,000 USD
Apartments - FOR SALE
1/42
null | 6.3% Cap Rate

52 W Main St
Uniontown, PA 15401


HIGHLIGHTS

  • In place 6.3% cap rate with an additional 102,609+/- SF of vacant space to add value
  • 71 Apartments / 93 Car Parking Lot - current setup
  • Potential for a total of Approximately 160 apartments plus first floor retail
  • Priced at $21/ SF with strong in place income
  • Historic Building with tax credits available

OVERVIEW

SVN Three Rivers Commercial Advisors is pleased to present the opportunity to purchase the historic 12 story Fayette Building in the heart of Uniontown, PA. The Fayette Building boasts as the largest and tallest structure in the city of Uniontown, consisting of 70 Multi-Family Units on floors 8-11, a large 10 bedroom owners apartment on floor 6, various commercial spaces on floors 1-5 and 7 with an eye-catching banquet/event space on the 1st floor. The sale includes a 93 car parking lot.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$21 USD /SF

# OF UNITS

71

PRICE/UNIT

$63,380

CAP RATE

6.3%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Fayette Building

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

11

YEAR BUILT

1901

PARKING SPACES

93

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

21,061 SF

ZONING

-

APN/PARCEL ID

38-04-0087

ASK ABOUT THIS PROPERTY

Bryan DonaldsonSVN - Three Rivers Commercial AdvisorsMore Info
724-272-4225

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

Bryan DonaldsonSVN - Three Rivers Commercial AdvisorsMore Info
724-272-4225

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