933 Fifth Ave - Storefront Retail/Office FOR SALE


New Kensington, PA 15068
$75,000 USD
412-362-1065
933 Fifth Ave, New Kensington, PA for Sale
$75,000 USD
Storefront Retail/Office - FOR SALE
1/2
null | Request Cap Rate

NEW


933 Fifth Ave
New Kensington, PA 15068


HIGHLIGHTS

  • Priced well below replacement cost.

OVERVIEW

Former Furniture Store. Zoned C-3, "Downtown Commercial", which includes restaurants, retail, office space and residential on 2nd and 3rd floors. Three stories with full basement and elevator. Lot is 40 x 120 feet. Situated on Fifth Avenue which has seen serious revitalization the past 5 years with millions spent on street improvements, a new building by UPMC and formerly vacant buildings. Potential development incentives include the following: Federal Opportunity Zone, HUBZone Designation, Keystone Innovation Zone and possible facade grants by being in a National Historic District. The property will need renovated and is ideal for contractors. Three blocks from the 72 acres riverfront New Kensington Advanced Manufacturing Park which has had over a hundred million dollars committed the past several years for new buildings and renovations of existing buildings.

FOR SALE DETAILS

PRICE

$75,000 USD

PRICE/SF

$5 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,791 SF

ZONING

C3

APN/PARCEL ID

24-03-15-0-180

ASK ABOUT THIS PROPERTY

Marvin BirnerColdwell Banker RealtyMore Info
412-362-1065

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Marvin BirnerColdwell Banker RealtyMore Info
412-362-1065

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