Recently occupied retail space (approx. 700sf w/ 2015 but-never-used forced-air furnace/AC, private office & partial bath), 2 updated 2BR apartments above the retail (very nearly finished, 2015 but-never-used forced-air furnaces/ACs), finishable bsmt (w/ partial bath), AND a separate 2BR OCCUPIED brick home across the rear courtyard on Locust. So, in total, 1 retail and 3 residential units all on separate electric meters with new ductwork and rear fire escape, in the resurgent Mt.Oliver/Allentown area that features Miller Hardware, Inner Groove Brewing and Onion Maiden restaurant, among many other amenities, on popular bus lines and near the T, just up the hill from the South Side with easy access to downtown and Oakland.
Prime Commercial Space in Mt. Oliver - A Great Opportunity! This outstanding corner lot property features two commercial spaces with an apartment that spans the entire building above. There are three half baths on the main floor. The building features 9.5 ft ceilings throughout. The commercial space at 243 was formerly a takeout restaurant and comes equipped with a professional kitchen, including a big stainless steel hood, a walk-in freezer, four powerful gas burners, and a spacious food preparation area in the back. The apartment unit at 241 requires full renovation and can also be used as a commercial space. Unit 239 is versatile and can be tailored to suit various business needs. The full basement can serve as additional storage space. This building is an excellent choice for any business close to downtown. Add this property to your portfolio and watch your net worth grow.
The median home value in Mt Oliver, PA is $110,000. The national median home value is $338,100. The average price of homes sold in Mt Oliver, PA is $110,000. Mt Oliver real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Mt Oliver real estate agent to arrange a tour today!
Mt Oliver, Pennsylvania has a population of 151,603.
The median household income in Mt Oliver, Pennsylvania is $54,306. The median household income for the surrounding county is $66,659 compared to the national median of $69,021. The median age of people living in Mt Oliver is 33.7 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 21 degrees. The average rainfall is approximately 38.3 inches per year, with 27.7 inches of snow per year.