100 South 7th Street
CBD Bldg, Street Retail/Office @ 2 Apartments
Marketing description
Well located, across from US Post Office, and 1 block from IUP campus, this 50x50 two story building, has been recently vacated. Tenant out grew the 2500 sf first floor class A office space.
Second story has two 1250 sf apartments, one 3 bedroom and one 4 bedroom, that has been rented to IUP college students. 5 occupants currently thru the 26/27 school year.
Rubber roof replaced less than 20 years ago. First floor air conditioned. Gas & Elec all separately metered. Full basement. Street parking.
Investment highlights
The first floor was leased to a legal firm/startup. Income was $1800/month for $8.64/psf, substantially under market rents. The building is available for rent and the asking price is $12 psf.
The upstairs apartments are neat and clean with some furnishings and appliances. Current income thru May 2027 is $18000 and well under market
NOTE/DSCLAIMER This info is provided by Chat GPT for reference to the market. Interested parties are encouraged to do their own research.
"Here's a realistic breakdown of off-campus rental costs for students attending Indiana University of Pennsylvania (IUP) for the 2026–2027 leasing market.
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