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Ambridge, PA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Ambridge, Pennsylvania Market population: 7K. Explore income-producing properties with verified cap rates and operating...

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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF

πŸ“Š Avg Property Tax Rate For Ambridge PA Properties: 7.0000%

πŸ“Š Average Income For Ambridge PA Commercial Property: $28,498

Investor Questions For Ambridge PA

Common questions from investors exploring commercial real estate in Ambridge PA.

What's the overall investment potential of Ambridge, PA, considering its demographics and economy? +
With a median household income of $28,498 and a poverty rate of 18.3%, Ambridge presents a mix of challenges and opportunities. The town's diverse population, including White, White Non-Hispanic, and Black communities, and its top industries in manufacturing and public administration, suggest a stable economic base. Additionally, the 92.6% health insurance coverage rate and relatively short 23.6-minute average commute time indicate a decent quality of life for residents.
How does the local job market and industry diversity impact rental demand in Ambridge? +
The presence of manufacturing, public administration, and transportation industries in Ambridge contributes to a stable job market, which can support rental demand. With an employed population of 2,610 and a foreign-born rate of 1.4%, the town's workforce is largely local, suggesting a consistent need for housing. Furthermore, the 45.9% homeownership rate leaves room for rental opportunities, especially considering the town's ethnic diversity and the relatively low median property value of $64,700.
What are the implications of Ambridge's poverty rate and health insurance coverage for real estate investors? +
The 18.3% poverty rate in Ambridge, combined with a high health insurance coverage rate of 92.6%, indicates a working-class population with access to healthcare, suggesting a level of employment stability. This can be beneficial for investors, as it may translate to a more reliable tenant base. Moreover, the GINI coefficient of 0.437, which measures income inequality, is relatively moderate, suggesting that while there are economic challenges, there is also a potential for economic mobility among residents.
How do commute times and transportation methods in Ambridge affect its attractiveness to investors? +
The average commute time of 23.6 minutes in Ambridge, with 83.1% of commuters driving alone, indicates a relatively convenient and accessible location. This, coupled with the presence of carpooling and public transit options, suggests that the town is well-connected, which can enhance its appeal to both residents and investors. The fact that 2.3% of commuters use public transit also points to some level of infrastructure support for non-drivers, adding to the town's livability and potential for investment.
What role does ethnic diversity and the median age of the population play in assessing market demand in Ambridge? +
The ethnic diversity in Ambridge, with significant White, White Non-Hispanic, and Black populations, can contribute to a vibrant community with varied cultural and economic contributions. The median age of 40.9 years suggests a mature population that may be looking for stability in housing, which can lead to longer-term rentals and more consistent income for investors. This demographic, combined with the town's industrial base and relatively low median property value, presents opportunities for investors to cater to a diverse and potentially stable tenant market.

Ambridge PA Real Estate & City Facts

Key facts and real estate information about Ambridge PA.

What are some of the best neighborhoods to live in Ambridge? +
Some of the best neighborhoods to live in Ambridge, PA, include the areas in the north parts of the city, which tend to be more desirable, while more affordable homes can be found in the east regions. According to the map on BestNeighborhood.org, the most desired areas are in dark green, and the less-desired areas are in red. Additionally, websites like Homes.com and AreaVibes.com provide information on the best neighborhoods in Ambridge, PA, including rankings, stats, and reviews on crime, cost of living, schools, and livability.
What are some fun things to do in Ambridge? +
There are plenty of fun things to do in Ambridge, PA, including visiting the Harmonist Wool Block, a historic site that offers a unique photo challenge and local trivia mission. You can also explore the city's parks, museums, and hiking trails, or check out the local dining and entertainment scene. Some popular attractions in Ambridge include the Old Economy Village, Heslet House, and the Iron Horse Theatre Company. For more ideas, you can visit websites like TripAdvisor.com, Let'sRoam.com, or AARP.org, which provide information on things to do in Ambridge, PA.
What is the food scene like in Ambridge? +
I was unable to find specific information about the food scene in Ambridge, PA, but I can suggest some ways to find out more. You can try searching online for restaurants in Ambridge, PA, or checking out review websites like Yelp.com to see what other people have to say about the local food scene. Additionally, you can try visiting the city's downtown area to see what kinds of restaurants and cafes are available. There are also plenty of great food trucks and local eateries in the area that are worth checking out.
What are the pros and cons of living in Ambridge? +
The pros of living in Ambridge, PA, include its affordable housing, rich history, and small-town charm. However, some cons include the city's high poverty rate and limited job opportunities. According to data from the American Community Survey, the median household income in Ambridge is around $28,000, and the poverty rate is around 18%. On the other hand, the city has a strong sense of community, with many local events and festivals throughout the year. Ultimately, whether or not Ambridge is a good place to live depends on your individual priorities and preferences.
Is Ambridge a good place to live? +
Whether or not Ambridge is a good place to live depends on your individual priorities and preferences. On the one hand, the city has a rich history, affordable housing, and a strong sense of community. On the other hand, it struggles with poverty and limited job opportunities. If you're looking for a small town with a lot of character, Ambridge might be a good fit for you. However, if you're looking for a more urban environment with a wider range of job opportunities, you might want to consider other options. Ultimately, it's up to you to decide whether Ambridge is the right place for you to call home.
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