2334 Oakland Ave | Indiana, PA 15701
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- LoopNet Team
2334 Oakland Ave
Indiana, PA 15701
Indiana Mall · Retail Property For Sale
Investment Highlights
- Enclosed regional mall anchored by JCPenney along with a new Kohl’s and Harbor Freight.
- Strategically located on Oakland Avenue (SR 286), a major commercial thoroughfare in the region.
- JCPenney has been in occupancy over 40 years and short term mall tenants provide additional flexibility.
- Excellent opportunity to acquire a well-located regional asset with significant redevelopment potential well-below replacement cost.
- Parcelization of the anchor boxes in process to provide flexibility for the new owner.
- 100% owned collateral – No REA’s.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Retail
Building Size
455,690 SF
Building Class
B
Year Built
1979
Tenancy
Multiple
Number of Floors
1
Building FAR
0.24
Lot Size
44.20 AC
Zoning
Commercial
Parking
2,005 Spaces (4.39 Spaces per 1,000 SF Leased)
Frontage
577 ft on Oakland Ave
Amenities
- Kiosk/Cart Space
- Enclosed Mall
- Energy Star Labelled
PROPERTY TAXES
| Parcel Number | 42-015-156.00 | Improvements Assessment | £3,554,551 |
| Land Assessment | £1,430,196 | Total Assessment | £4,984,747 |
PROPERTY TAXES
Parcel Number
42-015-156.00
Land Assessment
£1,430,196
Improvements Assessment
£3,554,551
Total Assessment
£4,984,747
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