1607 E Prospect St

About this property

Prime Commercial Corner with stoplight and multi-road frontage. Great location to be developed or to locate your business in the current commercial building and continue leasing the remaining income-producing apartment building and homes. Stoplight at the corner of Rt 20 and Schenley Ave. Curb Cuts / Driveways already in place on Rt 20, Schenley, Wilson, and Blair Ave to access this property. Over 300 ft of frontage on 20, +/- 218ft on Blair, approx 132 on Schenley, and ~60 on Wilson Ave. This property is approximately 1.5 total acres, with 2 intersection on Rt 20, so many options for development. Currently there is a commercial building at the corner of 20 & Schenley that is vacant, so there's an option to move your business here to the existing building too. The large apartment building is at the corner of 20 and Blair. It's a 5 unit apartment, plus there are 2 single family homes leased out and a garage leased as well, totaling around 60K/year gross rents.