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984 Jefferson Avenue

$1,350,000

984 Jefferson Avenue, Washington, PA 15301

Active
Last Updated: 09/04/2024

8

Cap Rate

33,615 sqft

Building Size

Details:
Cap Rate:    8%
Building Size:    33,615 sqft
Lot Area:    18,513 acres
Occupancy:    86%
Description:

Stabilized Mixed Use Investment property located in one of Washington, PA busiest intersection. 24 Residential units above 4 retail tenants. Located at the signalized intersection of Jefferson Avenue and Wylie Avenue. The opportunity exists for the investor to add value and drive NOI by leasing of vacancies and upgrading units to capture market potential rents.


Washington, Pennsylvania, is a strategically located city with strong commercial potential, positioned just 30 miles from Pittsburgh, offering easy access to major highways like I-70 and I-79. The area features a diverse commercial real estate market, including retail, office spaces, and industrial properties. Washington’s downtown has seen revitalization efforts, making it an attractive spot for new businesses and investors looking to capitalize on the city’s blend of historic charm and modern amenities. The market is supported by steady foot traffic, a strong local workforce, and ongoing community development initiatives, offering promising opportunities for growth and investment.

Map:
Documents:
Title
984 JEFFERSON AVE OM
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984 JEFFERSON AVE BROCHURE
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PORTFOLIO BROCHURE
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Location
Gallery