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    OFF-MARKET
    Retail properties & Spaces

    4755-4767 William Penn Hwy, Monroeville, PA 15146

    23,500 SF 4.95 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property presents a unique owner-user, investment, or redevelopment opportunity in Monroeville, Pennsylvania. The 4.95-acre site boasts a prominent location along Route 22/William Penn Highway, benefiting from high visibility and an average daily traffic count exceeding 47,000 vehicles. The property includes a substantial 23,500 square foot building, previously occupied by a furniture store, offering versatile potential for various uses. An adjacent 900 square foot second-generation restaurant building adds further flexibility. A currently existing trailer park on the site can be easily removed. The property also features a parking lot with approximately 27 spaces, with ample room for expansion. The site is zoned C-2 Business, allowing for a wide range of commercial activities. This offering presents a compelling opportunity for significant development, with the added potential to acquire an adjacent 63-acre parcel for even greater expansion. The City of Monroeville has agreed to vacate a back road, further enhancing the property's potential. The asking price for this prime commercial real estate is $3,700,000. The property's APN is 1107-F-368

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 23,500 SF
    Lot 4.95 ac (215,622 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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