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    1701 Lincoln Hwy North Versailles, PA 15137

    For Lease
    $12 SF/Yr

    Prime Parkway East Retail Space Available

    Lot size:
    133,834 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A retail property, located at 1701 Lincoln Hwy in the Parkway East Corridor, offers a unique investment opportunity. Originally built in 1900 and currently undergoing redevelopment by new ownership, this 133,834 square foot center sits on 11 acres of land and boasts ample parking with a 3.4 spaces-per-1000-square-feet ratio (400 total spaces). The property is zoned GR and features multiple tenancies, ideal for a variety of retail uses. Spaces are available ranging from a minimum of 3,500 square feet up to a maximum contiguous space of 14,457 square feet. The redevelopment project is transforming a former movie theater into modern, attractive retail space, catering to businesses seeking flexible and adaptable layouts. The property's prime location within the Parkway East Corridor ensures high visibility and accessibility for potential tenants. The property's APN is 0645-D-00101-0000-00. This is an excellent opportunity to secure space in a vibrant, evolving retail center with significant potential for growth and return on investment. Currently, one space of 3,167 square feet is immediately available, with larger spaces potentially available as part of the ongoing redevelopment. The property's size and flexible space options make it suitable for a wide range of retail concepts.

    Property Features for 1701 Lincoln Hwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    133,834 SF
    Class
    A
    Total Rate
    133834

    Building Details

    Year Built
    1900

    Unit(s) available at that property

    Space
    1st Floor
    Size
    6,417 SF
    Rate per SF
    $12

    HighLights

    • Class A, 133,834 SF retail property in the Parkway East Corridor.
    • Multiple tenancy with spaces ranging from 3,500 to 14,457 contiguous SF available.
    • 11‑acre site with 400 parking spaces (3.4/1,000 SF ratio).
    • Built in 1900, undergoing redevelopment.
    • Zoned GR; APN 0645‑D‑00101‑0000‑00.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Western Union Money Transfer Service Altitude Trampoline Park ... Amusement Center Kim's Nails Nail Salon ATM Atm Big Lots Discount Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    North Versailles
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.7863808
    Latitude
    40.3717232

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    FAQs

    What type of property is this?
    Retail property - Prime Parkway East Retail Space Available
    Where is this retail property located?
    The property is located at 1701 Lincoln Hwy North Versailles, PA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Class A, 133,834 SF retail property in the Parkway East Corridor.; Multiple tenancy with spaces ranging from 3,500 to 14,457 contiguous SF available.; 11-acre site with 400 parking spaces (3.4/1,000 SF ratio).
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    1701 Lincoln Hwy North Versailles, PA 15137
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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
    1701 Lincoln Hwy North Versailles, PA 15137
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