115 Freeport St - Retail FOR SALE


New Kensington, PA 15068 | 
$998,000 USD
412-848-2016
115 Freeport St, New Kensington, PA for Sale
$998,000 USD
Retail - FOR SALE
1/7
null | Request Cap Rate

NEW


115 Freeport St
New Kensington, PA 15068


OVERVIEW

Two-parcel, +/-1.16-acre redevelopment site on the PA-366 (Freeport St) corridor in New Kensington. 115 Freeport St ($699,000): +/-1.16 AC improved parcel with a +/-4,400 SF single-story former auto dealership/service building (SF estimated). 114 Freeport St ($299,000): facing lot directly across Freeport St, +/-375' x 48' irregular. Offered together at $998,000; parcels may be purchased separately. 12,813 VPD on Route 366 (PennDOT AADT). Located in a Qualified Opportunity Zone. 5-mile trade area of 153,000+ households (ACS 5-yr). Value is in the ground: development or redevelopment opportunity with existing improvements offering interim use.

FOR SALE DETAILS

PRICE

$998,000 USD

PRICE/SF

$227 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

115 & 114 Freeport St - Two-Parcel Redevelopment Site

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jesse CortezThe Colony AgencyMore Info
412-848-2016

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Jesse CortezThe Colony AgencyMore Info
412-848-2016

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.