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    Retail Property with High Visibility Title is generated by Realmo AI

    700 Craigdell Road, New Kensington, PA

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    Retail space for sale with ample parking and accessibility.

    Type:RETAIL
    Property size:
    4,800 SF
    Lot size:
    23.70 Acres
    Price / SF:
    $141/SF
    Added:
    Apr 1, 2025
    Days on Market:
    438
    Last Refresh:
    May 20 at 9:12 pm

    Property Features for 700 Craigdell Road

    General Information

    Standard status
    Active
    Size
    4,800 SF
    Lot size
    23.70 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Max Watterson
    Max Watterson

    Listing agent Max Watterson License ##RM424399

    Listing office SVN | Three Rivers Commercial Advisors

    Listing date Apr 1, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of SVN | Three Rivers Commercial Advisors

    HighLights

    • Prominent visibility and accessibility for retail customers
    • Consistent traffic
    • Ample parking on site
    • Proximity to amenities and other retail establishments
    • Adjacent ice rink hosts yearly travel tournaments

    Overview

    This retail property offers prominent visibility and accessibility for retail customers. The site provides ample parking. The location benefits from consistent traffic and proximity to amenities and other retail establishments. An adjacent ice rink hosts yearly travel tournaments, potentially increasing traffic to the area.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $86.4k $18.00
    − Vacancy −$7.3k −$1.53
    EGI $79.1k $16.47
    − OpEx −$23.7k −$4.94
    NOI $55.3k $11.53
    4,800 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $790.6K
    $691.7K – $922.3K (±1% cap)
    NOI $55,339 @ 7.0% cap · market cap 8.14%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.22M
    $1.07M – $1.43M (±1% cap)
    NOI $85,584 @ 7.0% cap · market cap 12.59%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pallone Family Chiropractic Alternative Medicine Practice USA Fitness & Chiropractic Alternative Medicine Practice House O' Hockey Sports Field & Court York Chiropractic Alternative Medicine Practice Elite Fitness Center Gym & Fitness Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    New Kensington
    County
    Westmoreland
    State
    Pennsylvania
    Longitude
    -79.7413
    Latitude
    40.5802

    FAQs

    What type of property is this?
    Retail space - Retail space for sale with ample parking and accessibility.
    Where is this retail space located?
    The property is located at 700 Craigdell Road New Kensington, PA.
    What is the asking price?
    The asking price for this property is $680,000.
    What are key features of this property?
    This property features: Prominent visibility and accessibility for retail customers; Consistent traffic; Ample parking on site
    (412) 295-9519 Call to check price and availability
    More about this property
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