Listed price in listed location currency (USD).
$425,000

0040

MLS® 96041950

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 5748 sqft
Garage Yes
Taxes $4,217
Days Active 2
Lot Size 0.45 Acres
Approx. Age 
Avg. Price Per Sqft $73
MLS® Number 96041950

Property Address: 165 E Union St, Somerset, PA, 15501-1418

Average square foot calculated using Size range provided by listing agent.

Description

Historic Uptown Office Investment Opportunity. Excellent opportunity to acquire a well-maintained historic brick office building in a prime downtown location just steps from the county courthouse. Originally constructed as an elegant residence in the early 1900s, this impressive 2-story building has been thoughtfully converted into professional office space while retaining its timeless architectural character. Offering approximately 5, 740 square feet, the property features 17 professional offices on the main three levels, plus 3 additional offices in the basement, providing flexibility for a variety of office users. The property is fully occupied by an A-rated tenant under a lease with approximately two years remaining, generating strong contract rental income. The above-market lease provides an exceptional opportunity for investors to earn enhanced cash flow and accelerate equity growth during the remaining lease term. Parking is a rare advantage in the downtown market, with 10 on-site parking spaces plus 30 additional leased spaces on the adjoining property for employees and visitors. Whether you are expanding your investment portfolio or completing a 1031 exchange, this property offers an attractive combination of location, stable tenancy, strong income, and long-term investment potential.
MLS® Number96041950
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementFull
DrivewayDetached, Multiple, Off Street, Common
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 29, 2026List Date
$425,000List Price
  • Commute

Commute

Starting Address
Destination Address
165 E Union St, Somerset, PA

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