Property profile

1176 National Pike Hopwood, PA 15445

OFF-MARKET
Retail space
Property ID
US73-2352971
1.24 ac lot
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 16,762-square-foot retail property, located at 1176 National Pike in Hopwood, Pennsylvania, presents a remarkable investment opportunity. Situated on a 1.52-acre lot (APN 34-38-0001), this former grocery store boasts a completely cleared first floor, ideal for diverse retail uses, including restaurants or convenience stores. The space is easily adaptable and could be subdivided into individual suites. Recent renovations (June 2023) include a new roof, fresh paint, and energy-efficient LED lighting. Ample parking is provided with 85 spaces. The property's zoning is Medium Density Residential. A significant advantage for food service businesses is the existing commercial hood system above the ceiling in the rear. The expansive 13,888-square-foot basement offers additional walk-in areas, a dock-high door, a drive-in door, a platform lift, dedicated shipping and receiving areas, pallet storage, and a compressor room complete with a backup generator. Built in 1960, this property offers a blend of classic structure and modern upgrades, making it a highly attractive proposition for discerning investors seeking a versatile and well-equipped retail space in a desirable location. The asking price is $800,000, with a price per square foot of $47.72.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 1.24 ac (53,927 SF)
APN 34-38-0001
UPID US73-2352971

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
  • Grocery & Convenience Store Food Market

Location

1176 National Pike Hopwood, PA 15445-2236
Hopwood metro Census 262400 PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2025
5 recorded transactions
2025
Price N/A
2025
$475,000
2019
Price N/A
2018
Price N/A
2017
$300,000

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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