Multi-Use Corner Location Com. Bldg. Frm. Bank w/Drive-Thru Ambridge, PA

Property Location MAP

506 Merchant Street
Ambridge, PA 15003

Property #: TAA2614A

Contact Agent

Michael Foster, CAI
Tranzon Auction Properties

716-507-9009 mfoster@tranzon.com

Multi-Use Corner Location Commercial Building – Frm Bank w/Drive-Thru

  • Flexible Commercial Space -  Offering approximately 2,134 SF featuring a functional upper level with a kitchenette, restrooms, office and storage, plus a below-grade level offering generous storage capacity, office and additional restrooms — ideal for a wide range of business operations with room to Expand – Located in the Heart of Downtown.
  • Unique Value-Add Infrastructure - Including two large walk-in safes and a dedicated safety deposit box area, offering rare built-in security assets that command premium appeal for high-value retail tenants. Potential medical cannabis distribution site.
  • High-Visibility Corner Lot - Situated on a ±0.21-acre parcel along Merchant Street in a thriving downtown corridor, complete with two drive-thru lanes — a standout feature that significantly broadens tenant demand and supports businesses requiring convenient customer access.
  • Retail Trade Area - Surrounded by a diverse mix of retail stores and restaurants with strong community patronage, providing built-in foot traffic and a proven consumer base for incoming tenants.
  • Favorable Zoning -  Currently zoned C (Commercial District) which permits a broad spectrum of uses including retail, professional offices, restaurants, cafés, storage, and radio broadcasting — maximizing leasing flexibility and long-term repositioning potential for investors.
  • Regional Lender Orders Immediate Sale of Multiple Surplus Assets!
  • Multiple Locations for Auction in WV, KY, PA & OH - Call Today for the List of Branches & Surplus Asset Properties!
  • Free & Clear Title Guaranteed – Title Insurance Available!
 

Tranzon Alderfer, Sanford L. Alderfer, PA Auctioneer/Broker #AY000115L

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Michael Foster, CAI

Michael Foster, CAI: Tranzon Auction Properties

716-507-9009 mfoster@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyer's Premium: 10% Buyers Premium based on the high bid.
  • Closing: 35-Day closing, sold in As-Is, Where condition, no contingencies.
  • Deposit Amount: 10% deposit of the Total Sale Price in guaranteed funds.
  • Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

-

Have a Property To Sell? Request a FREE Property Consultation