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Welcome to 351 W. 1st Ave., Parkesburg! Excellent investment opportunity featuring a mixed-use property with four total units"”one spacious commercial unit on the first floor and three residential apartments upstairs. Convenient street parking is available nearby. The first-floor commercial space offers approximately 2,000 sq. ft. with a bright, open layout and plenty of flexibility. The expansive main area can be configured for offices, a reception area, coffee station, or kitchenette. An additional large private room provides an ideal space for a separate office, conference room, or other use. A separate utility/appliance room also offers additional storage space, along with a restroom. The seller has already obtained the permit for the commercial space. With flooring and drywall work still to be completed, the space offers an opportunity for the new owner to finish it to their needs. Once completed, the commercial unit has the potential to generate approximately $1,800 per month in rental income. Upstairs are three residential apartments: Apartment 1: One bedroom $800; Apartment 2: Two bedrooms $1060; Apartment 3: Two bedrooms $1200 after renovation at seller's expense. All three apartments are currently occupied and generate a combined rental income of approximately $2,900 per month. Existing leases will transfer with the sale. With established residential rental income plus the potential income from the first-floor commercial space, 351 W. 1st Ave. presents a great opportunity for investors looking to add a mixed-use income-producing property to their portfolio.
| DAYS ON MARKET | 11 | LAST UPDATED | 10/11/2026 |
|---|---|---|---|
| TRACT | PARKESBURG | YEAR BUILT | 1958 |
| COMMUNITY | Parkesburg Boro (10308) | COUNTY | CHESTER |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| School District | OCTORARA AREA |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Parkesburg Boro (10308) |
| CONSTRUCTION | Stucco |
| HEAT | Central, Electric, Natural Gas |
| LOT | 5663 sq ft |
| PARKING | On Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Other |
| SUBDIVISION | PARKESBURG |
| TAXES | 9926 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by PGM Real Estate Associates, LLC
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2026 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 10/22/26 11:21 PM PDT
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