About 836 Mill Street
Commercial Mixed-Use Investment Property Solid brick structure featuring three floors of versatile space in a convenient New Castle location. Immediate Cash Flow: Second floor currently features two (2) occupied residential units generating $1,700/month in gross rental income (Rents: $800 & $900, includes utilities). Value-Add Potential: The entire third floor is an ideal candidate for conversion into a third residential apartment after cosmetic repairs and compliance with local building/fire code, significantly boosting Gross Potential Rent. Commercial/Storage Space: First floor includes dedicated storage area and a single-car garage, providing excellent owner-user potential or additional commercial lease revenue. Full-sized basement offers ample storage. Building has received recent maintenance. Usage Flexibility: Zoning/current use permits mixed Commercial/Residential operation. Suitable for investor seeking immediate returns with a clear path for expansion.
Features of 836 Mill Street
| MLS® # | 1730796 |
|---|---|
| Price | $100,000 |
| Bathrooms | 0.00 |
| Acres | 0.05 |
| Year Built | 1974 |
| Type | Commercial |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 836 Mill Street |
|---|---|
| Area | New Castle/8th |
| City | New Castle |
| County | Lawrence |
| State | PA |
| Zip Code | 16101 |
Amenities
| Utilities | Electricity Available, Sewer Available, Water Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | 0.045 |
|---|---|
| Construction | Brick |
Additional Information
| Date Listed | November 14th, 2025 |
|---|---|
| Days on Market | 62 |
| Zoning | C-1 |
Listing Details
| Office | VALOR REAL ESTATE SERVICES, LLC |
|---|---|
| Contact Info | marianmiller@valorres.com |
