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    1022 Hancock Ave Vandergrift, PA 15690

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    For Sale
    $275,000

    High-traffic area, two spaces, rental income, endless possibilities.

    Property size:
    7,510 SF
    Lot size:
    0.58 Acres

    Property Features for 1022 Hancock Ave

    General Information

    Size
    7,510 SF
    Lot size
    0.58 Acres

    Source: BHHS - The Preferred Realty | Sarver Agent Andrea McIntosh

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

    Overview

    Versatile Commercial Property For Sale

    This versatile commercial property presents an investment opportunity in a high-traffic area. The building is divided into two distinct spaces. One side is currently a well-established and popular pizza shop, generating steady rental income. The tenant has been in place for many years, attracting loyal customers and adding value to the location. The other side, previously home to a plumbing supply store, is a vacant unit offering possibilities for retail, office space, or service-oriented businesses. The spacious layout and large front windows provide visibility, attracting foot traffic. The basement has large storage areas and high ceilings. The property includes off-street parking, solid construction and potential for a variety of businesses. With its strategic location and rental history, this building is an investment for both seasoned investors and business owners looking to capitalize on a commercial space. The property size is 7510 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail 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
    Vandergrift
    County
    Westmoreland
    State
    Pennsylvania
    Longitude
    -79.57181
    Latitude
    40.592228

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    FAQs

    What type of property is this?
    Retail space - High-traffic area, two spaces, rental income, endless possibilities.
    Where is this retail space located?
    The property is located at 1022 Hancock Ave Vandergrift, PA.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - High-traffic location offers **excellent visibility and customer access**.; - Established pizza shop tenant provides steady rental income.; - Vacant unit offers **versatile space** for retail, office, or service businesses.
    (724) 393-8616
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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
    1022 Hancock Ave Vandergrift, PA 15690
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