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    879 Freeport Rd Creighton, PA 15030

    Sponsored
    For Lease
    Contact for pricing

    44,000 SF Mixed-Use Building, 1.58 Acres

    Lot size:
    44,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 44,000 square foot mixed-use building presents a unique investment or leasing opportunity in Creighton, Pennsylvania. Situated on a sizable 1.58-acre lot directly on Freeport Road, with convenient access to Route 28, this property offers unparalleled visibility and accessibility. Originally constructed in 1927, the building boasts a rich history as a banquet hall, office building, catering facility, and convention center, demonstrating its adaptability and potential for diverse uses. Currently, the entire 44,000 square feet is vacant, providing a blank canvas for redevelopment or repositioning. The single-tenant configuration allows for complete control and customization. Located in Allegheny County, with a 15030 zip code, this property is ideally positioned to capitalize on the area's growth and development. Its substantial size and prime location make it suitable for a wide range of mixed-use projects, offering significant potential for future returns. The property's history showcases its structural integrity and adaptability, making it an attractive proposition for investors and developers seeking a large-scale project with high visibility and significant redevelopment potential. This is a rare opportunity to acquire a substantial property in a desirable location with a multitude of potential uses.

    Property Features for 879 Freeport Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    44,000 SF

    Building Details

    Year Built
    1927

    Unit(s) available at that property

    Space
    Available Space
    Size
    44,000 SF

    HighLights

    • 1927 school building with 2004 banquet hall addition.
    • Full commercial kitchen, ADA‑compliant restrooms, and updated elevator.
    • First floor features updated large open spaces, high ceilings, and offices.
    • Second floor and basement offer flexible space for office, storage, or multi‑family conversion (subject to approvals).
    • Approximately 110 parking spaces plus an adjacent lot available for lease from the township.
    • Excellent signage on Freeport Road and the exit ramp.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Creighton
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.7791777
    Latitude
    40.5817378

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    FAQs

    What type of property is this?
    Retail property - 44,000 SF Mixed-Use Building, 1.58 Acres
    Where is this retail property located?
    The property is located at 879 Freeport Rd Creighton, PA.
    What are key features of this property?
    This property features: 1927 school building with 2004 banquet hall addition.; Full commercial kitchen, ADA-compliant restrooms, and updated elevator.; First floor features updated large open spaces, high ceilings, and offices.
    Request Owner's contact information
    879 Freeport Rd Creighton, PA 15030
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    Creighton, PA 15030
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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
    879 Freeport Rd Creighton, PA 15030
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