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    2 11Th St Penn, PA 15675

    For Sale
    $499,900

    6,000 SF Shopping Center, Opportunity Zone

    Property size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This 6,000-square-foot shopping center presents a compelling investment opportunity. Located in Penn, Pennsylvania, this Class C property sits on a 1.1-acre fenced lot and boasts a metal building construction with an interior loading dock. Built in 1976 and renovated in 2004, the single-story building features a 14-foot ceiling height. The property includes a 1,882-square-foot addition and a 240-square-foot metal shed, providing ample storage or expansion potential. An on-site office space adds to the functionality. The property is zoned for industrial use and is designated as an Opportunity Zone, offering potential tax advantages. The asking price is $499,900, translating to $83.32 per square foot. The property's APN is 29-01-11-0-001. This fee-simple ownership opportunity is ideal for investors seeking a versatile commercial property in a prime location. The property is also available for lease at $7.00 per square foot NNN.

    Property Features for 2 11Th St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    6,000 SF
    Class
    C
    Lot Size
    47,916 SF

    Building Details

    Year Built/Renovated
    1976/2004
    Stories
    1

    HighLights

    • $499,900 asking price for this 6,000 square foot shopping center.
    • Located in an Opportunity Zone.
    • Metal building construction.
    • Features an interior loading dock.
    • Includes a 1,882 square foot addition and a 240 square foot metal shed.
    • Sits on a 1.1‑acre fenced lot with on‑site office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jupina Landscaping General Contractor

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Penn
    County
    Westmoreland
    State
    Pennsylvania
    Longitude
    -79.636453
    Latitude
    40.3313167

    Nearby Comparable

    • $435,000
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      Penn, PA Shopping Center - $435K

      Prime 3,800 SF Shopping Center w/ Garage
      2 Depot St, Penn, PA 15675
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    • $1,210,729
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      Established Retail Property For Sale

      Retail property with established operating history and tenant in place.
      700 Clay Ave, Jeannette, PA 15644
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    • $135,000
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      Jeannette Commercial Garage/Warehouse

      2800 sq ft garage, workshop & office. Prime location.
      712 8Th St, Jeannette, PA 15644
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    • $135,000
      0.23 Acres

      Garage-Warehouse with Office Space

      Commercial garage-warehouse space with office, ideal for trades or storage.
      712 8Th St, Jeannette, PA 15644
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    • Contact for pricing
      0.19 Acres

      Historic Church with Redevelopment Potential

      Former church in Jeannette, PA, ready for restoration or conversion.
      600 Gaskill Ave, Jeannette, PA 15644
      View Details

    Nearby Similar for Sale

    • $435,000
      3,800 SF

      Penn, PA Shopping Center - $435K

      Prime 3,800 SF Shopping Center w/ Garage
      2 Depot St, Penn, PA 15675
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - 6,000 SF Shopping Center, Opportunity Zone
    Where is this lifestyle center located?
    The property is located at 2 11Th St Penn, PA.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: $499,900 asking price for this 6,000 square foot shopping center.; Located in an Opportunity Zone.; Metal building construction.
    Request Owner's contact information
    2 11Th St Penn, PA 15675
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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
    2 11Th St Penn, PA 15675
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