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Salvatore's Pizza and Pasta 117 Scholl Ln

3,725 SF 100% Leased Retail Building Rostraver Township, PA 15012 $599,900 ($161/SF)

Investment Highlights

  • Lots of natural light
  • Open floor plan with high ceilings
  • Prime location for attracting visitors
  • Extensive parking and a multi-car garage

Executive Summary

This versatile commercial property, originally constructed to meet International Standards for Ballet Studios, offers a range of practical features for various business needs. The building boasts high-placed windows that allow natural light to fill the space while minimizing distractions, creating a focused environment suitable for a variety of activities.
The studio floors are engineered with five layers of medium hardwood and rubber grommets, providing excellent shock absorption and reducing stress on the joints—ideal for dance and movement-based activities. Conveniently situated on 3.09 acres with approximately 350 feet of frontage, the property is a stone's throw away from Route 51.
The property is adjacent to the area that was formerly Willowbrook Golf Course, which will be replaced by an estimated 68 single-family homes and 86 duplex units as part of a new residential development, enhancing the neighborhood's attractiveness. In addition, nearby Castle Ridge is planning 165 new units, further increasing the potential customer base in the area.
Moreover, the property is a short distance from Vinoski Winery, making it a prime location for attracting visitors.
While initially designed as a dance and yoga studio, the property now includes a fully equipped, scratch-made Italian restaurant, perfect for a turnkey pizza shop or enhanced opportunities for hosting birthday parties and private events.
Extensive parking and a multi-car garage provide ample room for storage, making it suitable for various businesses or event needs. In addition to its current use, this property is ideal for dance schools, fitness centers, yoga studios, or entrepreneurs looking for a unique venue for events.
**Note:** All development plans mentioned are estimates and should be independently verified for accuracy.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Sale Condition
REO Sale
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,725 SF
Building Class
C
Year Built
2000
Price
$599,900
Price Per SF
$161
Percent Leased
100%
Building Height
1 Story
Building FAR
0.03
Lot Size
3.09 AC
Zoning
B-2 - The B-2 Retail Business District

Amenities

  • Restaurant
  • Air Conditioning
  • Listing ID: 32708158

  • Date on Market: 8/6/2024

  • Last Updated:

  • Address: 117 Scholl Ln, Rostraver Township, PA 15012

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