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    948 5Th Ave New Kensington, PA 15068

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    For Sale
    $389,000

    Adaptable commercial property suitable for various business or educational purposes.

    Lot size:
    0.15 Acres

    Property Features for 948 5Th Ave

    General Information

    Lot size
    0.15 Acres

    Source: CENTURY 21 American Heritage Realty Agent Diane Wolford

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Building For Sale

    This commercial building, previously used as a business school and daycare center, is centrally located near shopping, dining, transportation, a library, and a community college. The first floor features 12 offices and a reception area, along with powder rooms. The second level, a mezzanine accessible by two stairwells, includes a conference room and an office with a sink. The second floor also contains offices, a dental training room with a sink, restrooms, classrooms, and roof access. The building was renovated in 1997, and a new roof was installed in November 2024.
    Location Intelligence

    Current Use by Public Records

    Office space

    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
    New Kensington
    County
    Westmoreland
    State
    Pennsylvania
    Longitude
    -79.765108
    Latitude
    40.566397

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    FAQs

    What type of property is this?
    Office space - Adaptable commercial property suitable for various business or educational purposes.
    Where is this office space located?
    The property is located at 948 5Th Ave New Kensington, PA.
    What is the asking price?
    The asking price for this property is $389,000.
    What are key features of this property?
    This property features: - New roof installed November 2024.; - Centrally located to shopping, dining, transportation, library, community college, etc.; - Versatile building formerly used as a business school and daycare center.
    (724) 335-4700
    Request Owner's contact information
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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
    948 5Th Ave New Kensington, PA 15068
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