Commercial Corridor Retail
813 Third Avenue, New Brighton, PA 15066
For Sale
Contact for pricing
Nearby residential areas and retail and service businesses form the surrounding commercial context.
Property Size10,068 SF
Price / SF$160.81
Days on Market40
Property Features for 813 Third Avenue
General Information
Standard status
Size
Property subtype
Listing Agency:
Legacy Realty Partners
Listed By:
Tommy McCafferty · License PA RS319794
Source:
Crexi
Added: Oct 2
Changed: Nov 9
Last Checked: Nov 10 at 5:42AM
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 Legacy Realty Partners
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail property contains approximately 10,068 square feet of space in New Brighton, Pennsylvania. It sits within an established commercial corridor, with residential neighborhoods and other retail and service businesses in the surrounding area.
The property is approximately 30 miles northwest of Pittsburgh and connects to regional transportation routes serving the greater Pittsburgh area. Nearby community services, medical and educational institutions, national retailers, local businesses, and employment centers contribute to the area's mix of commercial and community activity.
The property is approximately 30 miles northwest of Pittsburgh and connects to regional transportation routes serving the greater Pittsburgh area. Nearby community services, medical and educational institutions, national retailers, local businesses, and employment centers contribute to the area's mix of commercial and community activity.
Key Highlights
- Approximately 10,068 square feet of retail space
- Located in New Brighton, Pennsylvania, about 30 miles northwest of Pittsburgh
- Positioned along an established commercial corridor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,485
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,029,700
$2.0M
Cap Rate 7%
$1,449,786
$1.4M
Cap Rate 9%
$1,127,611
$1.1M
Market Conditions
NOI Build-Up for 10,068 SF
Gross rent
$151.0K $15.00/SF
− Vacancy
−$6.0K −$0.60/SF
EGI
$145.0K $14.40/SF
− OpEx
−$43.5K −$4.32/SF
NOI
$101.5K $10.08/SF
Area
Beaver County, PA
Vacancy
4.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,029,700
Cap Rate 7%
$1,449,786
Cap Rate 9%
$1,127,611
Alternative Uses
Best Use
Retail
$1.45M
$1.27M – $1.69M
NOI $101,485 @ 7.0% cap · market cap 6.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.56M
$2.24M – $2.99M
NOI $179,513 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
429
Businesses Nearby
41k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 70%
Dining 28%
Beauty & Spa 1%
Groceries 1%
Speedway
Shops & Services
13,457 visits/mo
0.3 miles
Dollar General
Shops & Services
6,767 visits/mo
0.4 miles
Arby's
Dining
5,326 visits/mo
0.4 miles
Huntington Bank
Shops & Services
3,659 visits/mo
0.1 miles
Brighton Hot Dog Shoppe
Dining
3,293 visits/mo
0.3 miles
Demographics for 15066, PA
12,126
Population
6,019
Households
2
Avg Household Size
44
Median Age
21%
College-Educated
94%
High-School Grad
21.6 sq mi
ZIP Area
561
Density / Sq Mi
$58,277
Median Household Income
$41,684
Median Earnings
$771
Median Rent
$138,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Retail space in Beaver County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Nearby residential areas and retail and service businesses form the surrounding commercial context.
Where is this retail space located?
The property is located at 813 Third Avenue New Brighton, PA.
What is the asking price?
The asking price for this property is $1,619,000.
What are key features of this property?
This property features: Approximately 10,068 square feet of retail space; Located in New Brighton, Pennsylvania, about 30 miles northwest of Pittsburgh; Positioned along an established commercial corridor
