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PENN HILLS MUNICIPAL BUILDING 12245 Frankstown Rd
40,200 SF Vacant Office Building Penn Hills, PA 15235 $450,000 ($11/SF)
Investment Highlights
- 40,000 sq. ft of available retail, office, mixed use space or entertaining space
- High traffic road (20,000 Avg/day) with easy quick access to Parkway East and minutes to downtown Pittsburgh and PA Turnpike
- Well lite beautiful looking building at night
- Solid large two story brick building with plenty of parking.
- Three bus stops outside on a main road in Pittsburgh PA
Executive Summary
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
---|---|---|
Taxes | $6,190 | $0.15 |
Operating Expenses | - | - |
Total Expenses | $6,190 | $0.15 |
Financial Summary (Actual - 2023)
Taxes | |
---|---|
Annual | $6,190 |
Annual Per SF | $0.15 |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $6,190 |
Annual Per SF | $0.15 |
Property Facts
Amenities
- Bus Line
- Storage Space
- Basement
- Partitioned Offices
- Shower Facilities
- Drop Ceiling
About 12245 Frankstown Rd , Penn Hills, PA 15235
Great opportunity for investors to re-purpose this building. Four parcels are included in the sale. One parcel with a building and three large parking lots on three separate parcels. Fantastic location on high traffic Frankstown Road in Penn Hills. Back road entrance on Springdale Dr. Redevelop to residential housing with 1st floor store fronts, entertainment, retail, restaurant, office, daycare, etc. Three floors elevator in building. Council chambers area (50 ft x 31 ft) located on far right of building can be a great restaurant, small theater, etc. Create entertainment space with 9 jail cells (6 ft x 9 ft) such as an escape room, restaurant with booths with jail theme, etc. There is an indoor shooting range to create entertainment area or a retail area for fire arms and practice gun range. Create a micro brewery with entertainment. Lower level has garage area (51 ft x 30 ft) with two 10 ft garage doors for auto detailing or body shop, car sales and lease, mechanics, storage, etc. Many office areas on several floors can be divided off to to suited tenants. Subdivide to lease to multiple businesses. Great investment opportunity for the creative visionary investor!
PROPERTY TAXES
Parcel Numbers | Total Assessment | $155,100 (2024) | |
Land Assessment | $141,400 (2024) | Annual Taxes | $6,190 ($0.15/SF) |
Improvements Assessment | $13,700 (2024) | Tax Year | 2023 |
PROPERTY TAXES
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PENN HILLS MUNICIPAL BUILDING | 12245 Frankstown Rd
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