201 Smith Dr 12,500 SF Office Building Cranberry, PA 16066 For Sale
INVESTMENT HIGHLIGHTS
- The property sits on a 1.29-acre parcel and was built in 1980 with a two-story structure and basement.
- Its prime location near major highways enhances its attractiveness for commercial applications.
- This offers significant growth potential and adaptable space for various commercial uses.
- The building is in the thriving Cranberry area, ideal for investors, owner-occupiers, or developers.
- The property is part of a growing business community and medical corridor in Cranberry Township.
- It offers flexible floor plates of 6,250 SF and includes 48 surface parking spaces.
EXECUTIVE SUMMARY
JLL, as the exclusive representative for the Owner, is pleased to present this Offering for the sale of 201 Smith Drive, Cranberry, PA 16066 (the "Property"), a suburban office building consisting of 12,500 square feet on a 1.29-acre parcel. Built in 1980, this two-story structure with a basement offers flexible floor plates of 6,250 square feet and includes 48 surface parking spaces.
The Property is strategically located in Butler County, benefiting from SU-1 Special Use zoning, which allows for diverse potential uses. Situated in the thriving Cranberry area, the building presents an excellent opportunity for investors, owner-occupiers, or developers looking to capitalize on its prime location and adaptable space. Its proximity to major highways and the growing business community in Cranberry Township makes it an attractive asset for various commercial applications.
This property offers adaptable space and a prime location, making it an attractive asset for various commercial applications. Don't miss this opportunity to capitalize on the potential of 201 Smith Drive. Contact JLL today to learn more about this exclusive offering.
The Property is strategically located in Butler County, benefiting from SU-1 Special Use zoning, which allows for diverse potential uses. Situated in the thriving Cranberry area, the building presents an excellent opportunity for investors, owner-occupiers, or developers looking to capitalize on its prime location and adaptable space. Its proximity to major highways and the growing business community in Cranberry Township makes it an attractive asset for various commercial applications.
This property offers adaptable space and a prime location, making it an attractive asset for various commercial applications. Don't miss this opportunity to capitalize on the potential of 201 Smith Drive. Contact JLL today to learn more about this exclusive offering.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
12,500 SF
Building Class
C
Year Built
1980
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,250 SF
Slab To Slab
10’
Building FAR
0.22
Lot Size
1.29 AC
Zoning
SU-1 - Special Use
Parking
48 Spaces (3.84 Spaces per 1,000 SF Leased)
AMENITIES
- Property Manager on Site
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2020 Population
3,569
40,373
70,135
2024 Population
4,269
41,370
70,943
Population Growth '20-'24
19.6%
2.5%
1.2%
2020 Households
1,495
15,598
26,739
2024 Households
1,839
16,082
27,032
Household Growth '20-'24
23.0%
3.1%
1.1%
Average Age
42
40
41
Median Household Income
$93,898
$116,804
$121,603
Daytime Employees
10,408
64,050
78,914
Total Businesses
1,171
2,863
4,634
College Degree + Higher
56%
62%
60%
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $143,512 | |
| Land Assessment | $3,590 | Total Assessment | $147,102 |
