501 3rd St W

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501 3rd St W

501 3rd St W, Tyrone, PA 16686

For Sale, For Lease

2,860 SF

501 3rd St W

501 3rd St W, Tyrone, PA 16686

For Sale, For Lease

2,860 SF

Property Details

Building Size:

2,860 SF

Total Lot Size:

0.59 Acres

Property Type:

Freestanding

Price:

Negotiable

Vacant Space:

2,860 SF

Tenancy:

Single

Traffic Counts:

3rd St W: 6,800 VPD

Population:

3 Miles: 8,066
5 Miles: 10,569
7 Miles: 16,030

Building Status:

Existing

Project Description

501 3rd Street West is for sale or lease in Tyrone, PA. The site includes a former bank space with a drive-thru and pylon signage. The site can offer access along 3rd Street West, allowing multiple points of ingress/egress. The property creates a great opportunity for any financial or retail user to enter the Tyrone, PA market.

Location Description:

The property is well positioned in the Tyrone market. The property is situated near national brands such as Pizza Hut, Dollar General, and Family Dollar, just to name a few. The parcel provides great visibility along 3rd Street West, with access off of Washington Avenue, one of the main thoroughfares in the Tyrone market. A trade area that extends over 3 miles allows the site to pull from immediate and surrounding market points.

Trade Area Description:

Adding to the stability of the property, the site shows a 20-minute drive time demographic of over 23,170 people with household incomes more than $66,195 and daytime employment demographics equally as strong with 19,141. The demographics within a 10-mile radius include 23,245 people in 10,041 homes, a labor force of 19,137 with an average household income of $68,583. The areas growth since 2000 has increased 3.4% with over 347 homes.