938 Oakland Indiana, PA $ 1,299,000
938 Oakland
$ 1,299,000
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938 Oakland

Indiana, PA, 15701
$ 1,299,000
Bedrooms-- Baths--

Monthly Estimate*

$ 7,998

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Commercial Property for sale in Indiana, PA

for $1,299,000. The lot size is 0.46.

GREAT INVESTMENT IN A GREAT LOCATION! This exceptionally well-maintained commercial building sits directly adjacent to the Indiana University of Pennsylvania Main Campus, offering a rare investment opportunity in a high-demand area. Ideal for seasoned investors looking to expand their commercial real estate portfolio—or for new investors entering the market—this property boasts excellent storefront visibility along the heavily traveled State Route 286 / Oakland Avenue. All commercial spaces are fully leased, providing immediate income stability. The building also includes student housing for 41 tenants across 10 beautifully maintained suites, making it a strong mixed-use investment. Additional amenities include a well-established and meticulously maintained coin-operated laundromat, a covered courtyard with seating, ample parking, and ADA accessibility throughout. Security and care have been top priorities, with a professional security system in place and consistent upkeep evident throughout the property.

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Commercial Active

Price

$ 1,299,000

Property Type

Commercial

Taxes

$ 45,868

Style

Lot Size

0.46

Town/City

Indiana

County/Region

Indiana

MLS | Web ID

1738494

Features
General
Utilities Electricity Available Natural Gas Available Sewer Available Water Available
Zoning none
Construction Materials Brick Concrete
Property Subtype Retail
County Indiana
Property Type Commercial Sale
Status Active
Directions GPS to 938 Oakland Ave.
City Indiana Boro
Zoning Description none
MLS Area Indiana Boro - IND
Lot Size Units Acres
Tax Annual Amount 45868
MLS Area Minor Indiana Boro - IND
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 1595000
Virtual Tour https://tour.thepreferredrealty.com/938-Oakland-PA-15701
Property Sub Type Additional Retail Other
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Interior
Total Baths 0
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Exterior
Total Parking 31
Lot Size Area 0.46
Lot Dimensions .46
Lot Size Acres 0.46
Road Frontage Type State Road
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* Excluded Features
List By
Bonnie Houck

Listing Agent

Berkshire Hathaway The Preferred Realty

Broker

bhouck@tprsold.com

Email

Affordability Calculator

$11,820
Per Month
68%
32%
0%
Monthly Principal & Interest
$7,998
Monthly Property Taxes
$3,822
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/30/2026$1,299,000 Listed Price

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938 Oakland, Indiana, PA, 15701 is a Commercial Property for sale at $1,299,000 with a lot size of 0.46. The property's zip code is 15701 which is in Indiana, PA