Rare Corner Signalized Property
Rare signalized corner available
Marketing description
Introducing a captivating development opportunity in the heart of Washington, PA! Presenting the Corner Location at 317 E Maiden Street. This remarkable property boasts a generous 0.49 acres, offering ample space for your visionary project. Strategically situated on a highly visible corner lot measuring 160 x 131, this property enjoys a consistent traffic count of 16,000, ensuring maximum exposure for your business. With 20 off-street parking spaces available, accessibility is a breeze for your customers and tenants. Ideal for a variety of uses, this exceptional property is uniquely positioned as one of the only corner locations in the city of Washington, PA. It is conveniently situated just blocks away from Washington and Jefferson College, offering tremendous potential for student-focused enterprises. Currently featuring a laundromat, 4 apartments, and a former self-serve car wash, this property allows for multiple zoning uses including restaurants, banks, salons, and more. Embrace the limitless possibilities and create the space you've always envisioned. Don't miss out on this incredible opportunity - Act now and secure this prime Corner Location in Washington, PA. Contact us today to explore the exciting potential this property holds. Please note that all information provided is deemed reliable but not guaranteed.
Investment highlights
• One of the only signalized corner lots available in the City of Washington — corners like this don't come up twice.
• Newly reduced to $549,000 — a significant price cut that puts this deal well below replacement cost for the land alone.
• Estimated 17.27% cap rate on current income, even before any redevelopment or repositioning upside.
• GB zoning supports restaurant, bank, salon, QSR, drive-through, and more — the buyer isn't locked into one concept.
• Steps from Washington & Jefferson College — built-in student, faculty, and staff demand for retail and food concepts.
• 16,000 VPD at a lighted intersection — maximum daily visibility for any future use.
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