110 Andrew Dr, Unit 1116 Pittsburgh, PA 15275-1200
- Turn key restaurants
- 1.56 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 110 Andrew Dr
- Lot size
- 1.56 lot acres
- Property type
- Turn key restaurants
- APN
- 412-B-2
- APU
- 412B2
Description
This exceptional 8,400 square foot retail property, located in Allegheny County, presents a unique investment opportunity. Currently vacant, the entire space is available for lease, offering a blank canvas for a discerning tenant. The property boasts a substantial 1.56-acre lot, providing ample space for parking, outdoor seating, or future expansion. The building's single-tenant configuration simplifies management and offers a streamlined operational environment. Its classification as a commercial retail space makes it ideal for a variety of businesses seeking high visibility and accessibility. The generous lot size, coupled with the significant square footage, ensures ample room for both interior operations and exterior amenities. This property is perfectly situated for a business seeking a prominent location with significant space to grow. The property's size and location in Allegheny County offer excellent potential for a strong return on investment. This is a rare opportunity to secure a substantial retail space in a desirable location. The property is ready for immediate occupancy, allowing for a swift and efficient transition for the new tenant. Interested parties are encouraged to inquire further to explore the possibilities this prime retail space offers. The 8,400 square feet of available space provides significant flexibility for a variety of business models. The 1.56-acre lot provides ample parking and potential for outdoor development. This property is an excellent opportunity for a business seeking a high-profile location in Allegheny County.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,915,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,080,000
- 6.5%
- $1,920,000
- 7%
- $2,075,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,920,000
- Geo Method
- $2,070,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,175,000
- Retail
- $1,785,000
- Mixed-Use
- $1,870,000
- Hospitality
- $1,745,000
- Educational
- $2,105,000
- Residential Income
- $1,955,000
- Energy
- $1,905,000
- Income-Based Land
- $2,180,000
- Food Service
- $1,755,000
Location Insight
- Map
- Local Demand
- City
- Pittsburgh
- County
- Allegheny
- State
- Pennsylvania
- Longitude
- -80.1759
- Latitude
- 40.4508
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA