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    756 Airbrake Ave Wilmerding, PA 15148

    For Sale
    $250,000

    Two buildings, high rental potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional investment opportunity presents two buildings situated on a single 0.1-acre parcel in Wilmerding, PA. The primary structure, constructed in 1998, boasts two ground-floor retail spaces and two unfinished, but framed and partially plumbed, two-bedroom apartments on the second floor. One retail space is a former takeout restaurant, the "Airbrake Grill," complete with a commercial kitchen and a code-compliant ANSUL hood system. The second retail space is unfinished but framed and partially plumbed for a potential coin-operated laundry. The apartments above also share this unfinished, yet framed and partially plumbed, state. A second building, located at 759 Middle Ave., is a three-bedroom brick residential property with an attached garage. This property is currently vacant. The combined properties offer significant potential for rental income generation. The address for the main building is 756 Airbrake Ave. The asking price for this unique dual-building investment is $250,000. This presents a rare chance to acquire a substantial property with considerable upside in a growing area. The existing infrastructure in both buildings provides a solid foundation for a savvy investor to complete renovations and maximize rental income. This is an ideal opportunity for an investor seeking a multi-faceted portfolio addition with immediate income potential.

    Property Features for 756 Airbrake Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    4,356 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Wilmerding
    County
    Allegheny-East
    State
    Pennsylvania
    Longitude
    -79.81448
    Latitude
    40.39909

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Two buildings, high rental potential.
    Where is this commercial real estate located?
    The property is located at 756 Airbrake Ave Wilmerding, PA.
    What is the asking price?
    The asking price for this property is $250,000.
    (412) 999-7612
    Request Owner's contact information
    756 Airbrake Ave Wilmerding, PA 15148
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    Wilmerding, PA 15148
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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
    756 Airbrake Ave Wilmerding, PA 15148
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