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$600,000 Just Listed
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Property Description
The iconic Bank of Charleroi and Trust building is now available and ready for its next chapter. This is a rare opportunity to make your mark in the Mon Valley real estate market with a truly one-of-a-kind property. Continue its legacy as a financial institution, or reimagine it as a destination restaurant, boutique hotel, apartment complex, brewery, or another standout commercial use... the possibilities are virtually limitless. Offering nearly 16,000 square feet across multiple levels, the building features soaring ceiling heights and timeless stone and marble architectural details throughout. Original bank vaults remain intact, adding character and authenticity that simply cannot be replicated (maybe the perfect spot for a cool Escape Room business). The impressive main level spans over 5,000 square feet with approximately 30-foot ceilings and includes dedicated teller stations, multiple vaults, offices, and restrooms. The second floor offers a conference room with kitchenette, loft-style space, and additional bathrooms. The lower level provides substantial additional square footage, break rooms, restrooms, and an exceptionally large vault. All three main floors are accessible by both stairs and elevator. There are two additional levels accessed via ladder above what you can see! Ideally located with high traffic exposure and just minutes from I-70, this landmark property combines history, scale, and flexibility... ready to be transformed into something extraordinary!!
Full Property Details
Full Property Details for 501 Fallowfield Ave
General
- Price: $600,000
- Taxes: $6,298
- Status: Active
- Type: Commercial
- Source: West_Penn_MLS
- MLS ID: 1746250
- Updated: 4/1/2026
- Added to Site: Today
Location
- County: Washington
- Driving Directions: Located at the corner of Fallowfield Ave and 5th Street
Utilities
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Construction: Stone
- Other Struct. Feat.: Freight Elevator
Lot Features
- Property View: River
- Lot Size (Acres): 0.1263
- Lot Dimensions: 98 x 53 x 98 x 53
- Frontage: City Street
- Zoning: CBD
Financial Considerations
- Assessment Amount: $199,791
- Tax Amount: $6,298
Listing courtesy of Berkshire Hathaway The Preferred Realty
Get Pre-Approved Today
Schools
Schools serving 501 Fallowfield Ave
School District:Charleroi School District
| Name | Grades | Distance |
|---|---|---|
Charleroi Area El Center 75 Fecsen Drive, Charleroi, PA 15022 | K-5 | 2.3 mi |
Charleroi Area Middle School 100 Fecsen Drive, Charleroi, PA 15022 | 6-8 | 2.1 mi |
Charleroi Area High School 100 Fecsen Drive, Charleroi, PA 15022 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 Fallowfield Ave
Date
Details
Price
Change
Source
4/01/2026
Listed
$600,000
-62.56%
MLS
4/23/2013
Sold
$1,602,706
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 501 Fallowfield Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,375
15%
$199,791
—
2024
$5,537
-71%
$199,791
-71%
2023
$18,863
—
$680,600
—
2022
$18,863
3%
$680,600
—
2021
$18,277
2%
$680,600
—
2020
$17,839
5%
$680,600
—
2019
$17,056
6%
$680,600
—
2018
$16,056
—
$680,600
—
2017
$16,056
-20%
$680,600
594%
2016
$20,013
1%
$98,125
—
2015
$19,718
2%
$98,125
—
2014
$19,381
—
$98,125
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 501 Fallowfield Ave
501 Fallowfield Avenue, Charleroi Boro, PA 15022 (MLS# 1746250) is a Commercial property. 501 Fallowfield Avenue is currently listed for $600,000 and was received on April 01, 2026. Want to learn more about 501 Fallowfield Avenue? Do you have questions about finding other Commercial real estate for sale in Charleroi Boro? You can browse all Charleroi Boro real estate or contact a Coldwell Banker agent to request more information.

