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    2803 Leechburg Rd Lower Burrell, PA 15068

    Pending
    For Sale
    $1,600,000

    Retail - Lower Burrell, PA

    Type:Retail
    Lot size:
    1.71 Acres
    Days on Market:
    69
    Last Refresh:
    Dec 15 at 12:06 am

    Property Features for 2803 Leechburg Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Pending
    Zoning
    C2
    Parking
    167
    Lot size
    1.71 Acres

    Building Details

    Building materials
    Brick, Frame
    Architectural style
    Other

    Century 21 American Heritage Realty (412) 607-4700 [email protected]

    Listing agent Janet Ryan (724) 335-4700

    Listing date Oct 8, 2025

    MLS# 1723115 Listing URL

    Copyright © 2025 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Plaza with Development Potential

    The property features two buildings on a 1.71-acre site, which includes 167 parking spaces. The main shopping plaza is approximately 19,770 square feet and has 200 feet of frontage on Leechburg Road in Lower Burrell. A rear building of 2,150 square feet houses a restaurant/lounge with two apartments on the second floor that could be rented if renovated. All tenants are responsible for utilities, including electric, gas, water, sewer, trash, and telephone, as well as janitorial services. The property has maintained nearly 100% occupancy for the past 5 years. Additionally, a side lot at the back of the property presents an opportunity for developing outbuildings or additional parking. The Gross Operating Income (GOI) is $184,320, with a Net Operating Income (NOI) of $143,725.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lower Burrell
    County
    Westmoreland
    State
    Pennsylvania
    Longitude
    -79.730157
    Latitude
    40.591794

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    FAQs

    What type of property is this?
    Strip mall - Shopping plaza with restaurant, apartments, and development opportunity.
    Where is this strip mall located?
    The property is located at 2803 Leechburg Rd Lower Burrell, PA.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - High occupancy rate (almost 100% for the past 5 years) indicates stable income.; - Substantial Net Operating Income (NOI) of $143,725.; - Main shopping plaza with approximately 19,770 SF and 200 feet of frontage on Leechburg Road.
    (724) 335-4700
    Request Owner's contact information
    2803 Leechburg Rd Lower Burrell, PA 15068
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    Lower Burrell, PA 15068
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2803 Leechburg Rd Lower Burrell, PA 15068
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