1330 Banksville Rd Pittsburgh, PA 15216
- Auto shops
- 0.87 lot acres
Current Use by Public Records
- Auto shops
Property Details for 1330 Banksville Rd
- Lot size
- 0.87 lot acres
- Property type
- Auto shops
- APN
- 16-N-80
- APU
- 16N80
Description
This exceptional investment opportunity presents a distressed sale of a Class A, 18,000 square foot gas station situated on a 1.5-acre lot at 1330 Banksville Rd, Pittsburgh, PA 15216. The property, currently operating under Golden Oil ownership, boasts a 2,000 square foot building constructed in 1980 and features a permitted C1 zoning. The site enjoys a highly visible location on a busy commercial street with 24/7 traffic, offering significant potential for redevelopment or continued operation. Currently generating $30,000 in yearly profit from the existing building, the property offers 18,000 square feet of usable space with an additional 18,000 square feet of air rights. The asking price is $945,000 ($425 per square foot). This is an absolute NNN lease opportunity with a credit-rated tenant, and the sale includes options for a building or ground lease. The property's strategic location makes it ideal for a variety of uses, including quick-service restaurants (QSRs), convenience stores, or a reinvented gas station. This distressed sale presents a unique chance to acquire a valuable asset in a prime Pittsburgh location. The property is zoned C1 and is located on the home side of a highly trafficked street. The current building is 2,000 square feet, but the total usable area is 18,000 square feet.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pittsburgh
- County
- Allegheny
- State
- Pennsylvania
- Longitude
- -80.0304
- Latitude
- 40.4154
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
