Mixed-Use Retail and Residential
For Sale
$1,200,000
1331 Freeport Rd, Cheswick, PA 15024
Renovated residences above four storefronts with separately metered utilities and strong visibility on Freeport Road.
Property SizeContact for details
Days on Market64
Property Features for 1331 Freeport Rd
General Information
Standard status
Active
Listing Agency:
HOWARD HANNA REAL ESTATE SERVICES
(412) 262-5500
Listed By:
Perizat Palichat
(412) 262-5500
Source:
Exprealty
Added: Jun 3
Changed: Jul 10
Last Checked: Jul 31 at 2:46PM
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 HOWARD HANNA REAL ESTATE SERVICES
Investment Insights
Based on property information with market context.
This well-maintained mixed-use property combines 7 fully renovated residential units above 4 main-level commercial storefronts. The apartments were updated in 2019 with modern finishes including stainless steel appliances, granite countertops and islands, updated bathrooms, and new flooring, windows, plumbing, and electrical work, completed from the studs inward. Residential tenants have separately metered electric and gas services, with water billed as an additional monthly fee. The building also includes a spacious basement that offers space that could be configured for a tenant laundry facility.
The commercial storefronts benefit from visibility and signage along highly traveled Freeport Road. Shared parking is available for residents, businesses, and guests. The property provides convenient access with proximity to the PA Turnpike (about 0.5 miles) and minutes to Route 28.
The mix of income-producing storefront space and renovated apartments can support a variety of tenant needs within one building. A buildable vacant lot is located in the rear, subject to township approval, providing potential for additional use depending on permitted development. For buyers and operators looking for a functioning, income-producing asset, this property offers current operating units alongside realistic options for tailoring amenities or expanding on-site use with appropriate approvals.
The commercial storefronts benefit from visibility and signage along highly traveled Freeport Road. Shared parking is available for residents, businesses, and guests. The property provides convenient access with proximity to the PA Turnpike (about 0.5 miles) and minutes to Route 28.
The mix of income-producing storefront space and renovated apartments can support a variety of tenant needs within one building. A buildable vacant lot is located in the rear, subject to township approval, providing potential for additional use depending on permitted development. For buyers and operators looking for a functioning, income-producing asset, this property offers current operating units alongside realistic options for tailoring amenities or expanding on-site use with appropriate approvals.
Key Highlights
- Mixed‑use building with 7 fully renovated residential units above 4 main‑level commercial storefronts
- Residential updates in 2019: stainless steel appliances, granite countertops/islands, updated bathrooms, new flooring, windows, plumbing, and electrical
- Separately metered tenant utilities (electric/gas); water billed as an additional monthly fee
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
190
Businesses Nearby
Explore this area
Business Placement
Demographics for 15024, PA
8,943
Population
3,975
Households
2.2
Avg Household Size
49
Median Age
44%
College-Educated
98%
High-School Grad
17.5 sq mi
ZIP Area
511
Density / Sq Mi
$85,625
Median Household Income
$55,786
Median Earnings
$1,078
Median Rent
$217,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated residences above four storefronts with separately metered utilities and strong visibility on Freeport Road.
Where is this apartment building located?
The property is located at 1331 Freeport Rd Cheswick, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Mixed‑use building with 7 fully renovated residential units above 4 main‑level commercial storefronts; Residential updates in 2019: stainless steel appliances, granite countertops/islands, updated bathrooms, new flooring, windows, plumbing, and electrical; Separately metered tenant utilities (electric/gas); water billed as an additional monthly fee
