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Property profile

1100 Hancock Ave Vandergrift, PA 15690

OFF-MARKET
Commercial real estate
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0.38 ac lot Built 1958

Property summary

AI-generated overview

This exceptional commercial property at 1100 Hancock Avenue, Vandergrift, PA, presents a compelling investment opportunity. Situated on a 0.38-acre lot, the building boasts two distinct spaces, each offering unique potential. One side houses a thriving, long-standing pizza shop, generating consistent rental income from a tenant with a proven track record and loyal customer base. This established business adds significant value to the property. The adjacent space, previously occupied by a plumbing supply store, is currently vacant and offers versatile options for a variety of businesses. Its spacious layout, abundant natural light from large front windows, and high visibility make it ideal for retail, office, or service-oriented enterprises. A substantial basement provides extensive storage areas with high ceilings, opening up further possibilities for expansion or specialized uses. Ample off-street parking is available for both tenants and customers. The building's solid construction ensures durability and longevity. This property's strategic location in a high-traffic area, combined with its strong rental history and diverse potential, makes it an attractive investment for both experienced investors and entrepreneurs seeking a prime commercial space in Vandergrift. The asking price is $310,000.

Property profile

Verified
Property type Commercial real estate
Year built 1958
Lot 0.38 ac (16,553 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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