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1100 Lincoln Hwy

12,971 SF 69% Leased Retail Building North Versailles, PA 15137 $674,900 ($52/SF) 4.74% Cap Rate

Mixed Use Properties Pennsylvania North Versailles 1100 Lincoln Hwy, North Versailles, PA 15137

Investment Highlights

  • 5 Occupied Apartments generating 4,450 a month
  • Totally Renovated - High traffic Road
  • 1st Floor additional 4,000 Office/Retail/Showroom space

Executive Summary

Explore the potential of this prime commercial building on the first floor, approximately around 4000 square feet. Boasting ample parking, this space sits conveniently along Route 30. With a fresh exterior facade and modern electrical service. Also 3,000 Square feet of warehouse space. The Recent upgrades extend to plumbing and HVAC and fully renovated 5 apartments on upper floor. Additionally, the five fully occupied rental apartments feature separate gas and electric metering. The possibilities are limitless in this fantastic location, suitable for a variety of uses such as a car dealership, dance studio, or any other retail venture. Don't miss out on this outstanding retail opportunity. Also available for rent. signage available. Apartment rental income - UNIT 1 950/m, UNIT 2 900/m, UNIT 3, 850/m, UNIT 4 800/m, UNIT 5 950/m

Attachments

1100 Lincoln Hwy - Information sheet

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Build to Suit
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,971 SF
Building Class
C
Year Built
1975
Price
$674,900
Price Per SF
$52
Cap Rate
4.74%
NOI
$32,000
Percent Leased
69%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.75
Lot Size
0.17 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C-1 - MULTI USE C-1/Residential
Parking
110 Spaces (7.86 Spaces per 1,000 SF Leased)
Frontage
76 FT on Jackman St

Amenities

  • Bus Line
  • Property Manager on Site
  • Pylon Sign
  • Air Conditioning
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Nearby Major Retailers

KeyBank
Planet Fitness
Huntington National Bank
PNC Bank
Citizens Bank
Giant Eagle

PROPERTY TAXES

Parcel Number 0547-M-00040-0000-00 Improvements Assessment $220,000
Land Assessment $100,000 Total Assessment $320,000

PROPERTY TAXES

Parcel Number
0547-M-00040-0000-00
Land Assessment
$100,000
Improvements Assessment
$220,000
Total Assessment
$320,000
(412) 466-3989

Contact

  • Listing ID: 29338655

  • Date on Market: 8/22/2023

  • Last Updated:

  • Address: 1100 Lincoln Hwy, North Versailles, PA 15137

More public record information on 1100 Lincoln Hwy, North Versailles, PA 15137

The Retail Property at 1100 Lincoln Hwy, North Versailles, PA 15137 is currently available for sale. Contact Realty One Group Gold Standard for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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Common Area - Hall Way

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1100 Lincoln Hwy
(412) 466-3989 x

1100 Lincoln Hwy

Melissa Woods

(412) 466-3989

(412) 466-3989

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