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Multiple Retail Garages with Apartment 600 W Railroad Ave

4,500 SF 11% Leased Flex Building Verona, PA 15147 $349,000 ($78/SF)

Investment Highlights

  • Retail-Medical-Office and Showroom-Warehouse-Storage Areas
  • Convert Medical-Office Spaces to all Warehouse-Garage-Storage Space
  • 1 Bedroom 2nd Fl Apartment for Additional Income
  • 4000 SF of First Floor Space
  • Garages for Easy Access to Space
  • Minutes to Pittsburgh, Route 28 and PA Turnpike

Executive Summary

Make this 4,525 sq ft building your new business location! This retail-office and garage-warehouse space has 5 garages doors leading to multiple areas. Plenty of space for business operation and storage. Garage door heights are 8 and 10 ft with 14 ft ceiling heights inside of main building. The 1,330 sq ft retail/office area has reception area, business admin area, several individual offices, kitchen and 2 restrooms. Retail-Office area walls can be removed to make the building first floor all warehouse space or changed to make showroom/warehouse area. The second floor has a 525 sf ft one bedroom apartment. Separate utilities for building and garage. Build net wealth by leasing garages, storage areas, retail-office space and apartment. The building is located in the heart of Verona business district minutes from city of Pittsburgh, Route 28 and PA Turnpike.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Taxes $5,154 $1.15
Operating Expenses - -
Total Expenses $5,154 $1.15

Financial Summary (Actual - 2023)

Taxes
Annual $5,154
Annual Per SF $1.15
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $5,154
Annual Per SF $1.15

Property Facts In Escrow

Price $349,000
Price Per SF $78
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Light Distribution
  • Flex Showroom
  • General Retail Freestanding
  • General Retail Storefront Retail/Residential
Building Class C
Lot Size 0.11 AC
Rentable Building Area 4,500 SF
No. Stories 2
Year Built 1950
No. Drive In / Grade-Level Doors 5
Opportunity Zone Yes

Amenities

  • Security System
  • Storage Space
  • Air Conditioning

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0364-P-00376-0000-00
Land Assessment
$14,400 (2024)
Improvements Assessment
$120,900 (2024)
Total Assessment
$135,300 (2024)
Annual Taxes
$5,154 ($1.15/SF)
Tax Year
2023

zoning

Zoning Code Commercial (C - Commercial District)
Commercial (C - Commercial District)
  • Listing ID: 31041454

  • Date on Market: 2/24/2024

  • Last Updated:

  • Address: 600 W Railroad Ave, Verona, PA 15147

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