Current Use by Public Records
- Land
Property Details for 2189 Hulton Rd
- Lot size
- 1.00 lot acres
- Property type
- Land
Description
This exceptional investment opportunity in Verona, Pennsylvania, presents two parcels totaling approximately one acre of commercially zoned land. The front parcel, currently undeveloped, offers significant potential for a new building up to 6,000 square feet, subject to permitted uses and approval. The rear parcel is currently under a triple-net lease with a restaurant tenant, in the second year of a ten-year agreement. This lease must be honored by any new owner, and the agreement includes a clause prohibiting the construction of a competing restaurant on the front parcel. Utilities are readily accessible for the front lot, and site preparation, including a retaining pond, is complete. The property enjoys a highly desirable location directly across from the prestigious Oakmont Country Club, benefiting from significant traffic flow from surrounding communities including Oakmont, New Kensington, Lower Burrell, Penn Hills, and Plum. The property's proximity to Coxcomb Hill and Hulton Road ensures excellent visibility and accessibility. This is a unique opportunity to capitalize on the high demand for commercial space in this area, particularly given the upcoming 2025 US Open at Oakmont Country Club. The asking price for both parcels is $1,799,000. Additional use restrictions are detailed in supplemental documentation. Both parcels must be purchased together.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Verona
- County
- Allegheny
- State
- Pennsylvania
- Longitude
- -79.8184
- Latitude
- 40.5265
