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    232 3Rd Ave Carnegie, PA 15106

    For Sale
    $375,000

    Prime Carnegie location, versatile space.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional three-story brick building, situated in Carnegie's vibrant business district at 232 3rd Ave, presents a unique investment opportunity. The property boasts approximately 0.03 acres of land and offers a versatile layout ideal for a variety of uses. The ground floor, currently configured as office space, features three well-appointed conference rooms, a convenient kitchenette, and an ADA-compliant restroom. Abundant natural light floods the space, complemented by neutral paint and flooring, ensuring easy customization to suit individual needs. The second and third floors, each measuring approximately 1400 square feet, provide significant additional space. These floors have separate entrances from the first floor, offering flexibility for independent tenants or conversion into residential apartments. Each upper floor also includes a private balcony and its own air conditioning unit, approximately 3 years old. The first-floor air conditioning system is approximately 8 years old. The building is equipped for computer hookups, and all floors feature approximately 9-foot ceilings. This meticulously maintained property offers a blend of commercial and potential residential space, making it an attractive proposition for investors and business owners alike. The asking price is $375,000.

    Property Features for 232 3Rd Ave

    General Information

    Property type
    Retail properties
    Lot Size
    1,307 SF
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    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
    Carnegie
    County
    Allegheny-West
    State
    Pennsylvania
    Longitude
    -80.09049
    Latitude
    40.40412

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    FAQs

    What type of property is this?
    Retail property - Prime Carnegie location, versatile space.
    Where is this retail property located?
    The property is located at 232 3Rd Ave Carnegie, PA.
    What is the asking price?
    The asking price for this property is $375,000.
    (412) 561-7400
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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
    232 3Rd Ave Carnegie, PA 15106
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