$3,990,000

Historic architecture, established rental income, and substantial redevelopment potential come together at the Fayette Building in the heart of downtown Uniontown. Prominently positioned at the corner of West Main and Pittsburgh Streets, this landmark offering includes an approximately 200,000-square-foot stone-and-brick high-rise dating to circa 1900, an adjoining three-story commercial building leased to an antique shop, and a 93-space surface parking lot. The sprinklered high-rise features 72 occupied apartments on floors 8–11, ranging from efficiencies to three-bedroom layouts and served by passenger and freight elevators. Updated units feature hardwood floors, stainless steel appliances, and large windows with views of the city and surrounding ridges. The property produces approximately $628,000 in gross income and $240,000 in net operating income, combining income in place with opportunities for future growth. The first floor showcases the building’s distinctive architectural character, featuring an impressive banking rotunda, marble teller counters, an ornate radiating ceiling, wood-paneled offices with a fireplace, and the original bank vault. This memorable setting offers possibilities for an event venue, banquet hall, restaurant, or destination retail, subject to applicable approvals. Floors 2–7, formerly occupied by commercial offices, provide substantial potential for conversion into additional apartments or commercial space, offering investors an opportunity to increase the unit count and rental income. The property may also qualify for historic tax credits and adaptive-reuse incentives, subject to eligibility. With existing residential and commercial income, valuable on-site parking, and expansive space for redevelopment, the Fayette Building presents a compelling opportunity to invest in a downtown landmark with long-term growth potential. Offered at under $20 per square foot, this mixed-use property brings together historic character, multiple income streams, and room to build on its established presence in Uniontown.