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    1044 University Dr Connellsville, PA 15425

    For Sale
    $850,000

    Large Retail Building, High Visibility, Excellent Parking

    Property size:
    15,598 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 15,598 square foot retail property, located at 1044 University Dr in Connellsville, Pennsylvania, presents a significant investment opportunity. Situated on a 1.3-acre lot in Fayette County (zip code 15425), this former auto dealership boasts a prime location with high visibility and excellent access. The building features nine drive-in doors, providing ample access for loading and unloading, and is complemented by a well-maintained, lighted, and paved parking lot. The property benefits from a recently installed roof (2020), minimizing immediate maintenance concerns. The spacious layout offers considerable flexibility for a variety of retail uses, making it an ideal space for businesses requiring significant square footage and convenient access. The asking price for this turnkey property is $850,000. This represents a compelling opportunity to acquire a substantial retail space in a desirable location with significant potential for growth and return on investment. The property's size, features, and location make it a highly attractive proposition for discerning investors and business owners alike. Serious inquiries are encouraged.

    Property Features for 1044 University Dr

    General Information

    Property type
    Retail properties
    Square Feet
    15,598 SF
    Lot Size
    56,628 SF

    HighLights

    • 15,598 SF Building
    • 1.3‑Acre Site
    • Nine (9) Drive‑in Doors
    • Lighted & Paved Parking Lot
    • New Roof (2020)
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Connellsville
    County
    Fayette
    State
    Pennsylvania
    Longitude
    -79.5378634
    Latitude
    40.0186669

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    FAQs

    What type of property is this?
    Retail property - Large Retail Building, High Visibility, Excellent Parking
    Where is this retail property located?
    The property is located at 1044 University Dr Connellsville, PA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 15,598 SF Building; 1.3-Acre Site; Nine (9) Drive-in Doors
    (412) 391-3500
    Request Owner's contact information
    1044 University Dr Connellsville, PA 15425
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    Connellsville, PA 15425
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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
    1044 University Dr Connellsville, PA 15425
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