400 Jones St - Warehouse FOR SALE


Verona, PA 15147
$2,800,000 USD
412-227-1400
400 Jones St, Verona, PA for Sale
$2,800,000 USD
Warehouse - FOR SALE
1/4
null | Request Cap Rate

400 Jones St
Verona, PA 15147


HIGHLIGHTS

  • 3.91 usable acres
  • 51,863 SF Warehouse + 9,174 SF Office = 61,037 Gross Building SF
  • 13-45 feet Clear Height
  • Zoned LM (Light Manufacturing and Industrial)
  • For Sale at $2,800,000, as-is, where-is
  • Industrial Zoned Property for a Possible Retail Site Conversion

OVERVIEW

Baker Young Corporation is pleased to present this industrial zoned property for a possible retail site conversion. The 4 acre property is located in Verona, which is located along Pittsburgh’s northeastern border, approximately 10 miles from downtown Pittsburgh. The site currently has an industrial use, and abuts a community shopping center to the west that is home to a high-performing, 48,000 square foot Giant Eagle grocery store. The property is accessible via Jones Street, which parallels Allegheny River Boulevard, the primary commercial thoroughfare in Verona. Allegheny River Boulevard extends from the City of Pittsburgh through Verona to Oakmont Borough. It is a heavily traveled road paralleling the Allegheny River (11,209 vehicles per day). One mile east (4 minutes) is the development of a new neighborhood known as Edgewater. The development includes new condos, townhomes, cottage homes, manor homes, a riverfront park, and a commercial district. There are a total of 242 homes completed, priced from $300,000 to $1.3 million. The site is fairly rectangular, having a frontage of 541 feet and a depth of 300 feet. The site is served by all utilities and rail. There is an existing easement allowing traffic from Jones Street to cross over the adjoining shopping center to the east, allowing access to the traffic light on Allegheny River Boulevard (see Easement Path on Page 3). For more information, please contact James Malanos by telephone at (412) 227-1400, extension 26 or by email at jmalanos@bakeryoung.com.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$47 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Jones Street Centre

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Distribution, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1903

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating

CLEAR CEILING HT

24 Ft

DOCKS

5

DRIVE INS

2

PARKING SPACES

125

LAND DETAILS

LAND ACRES

4

LAND SF

174,240

ZONING

Light,Manufactur

APN/PARCEL ID

0365-B-00136-0000-00

ASK ABOUT THIS PROPERTY

James MalanosBaker Young CorporationMore Info
412-227-1400

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James MalanosBaker Young CorporationMore Info
412-227-1400

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