1220 Long Run Rd White Oak, PA 15131-2035
This exceptional 18,000-square-foot retail property, formerly a bowling alley, presents a unique redevelopment opportunity in North Versailles, Pennsylvania. Situated on a level 1.25-acre lot at 1220 Long Run Rd, White Oak, PA 15131, this single-story building offers significant potential for a variety of uses. The property is currently vacant and available for immediate occupancy under a triple-net (NNN) lease agreement. The asking price is $935,000, translating to $51.94 per square foot. Ample parking is available with 200 spaces. The C1 zoning permits a range of commercial uses, making it ideal for a single tenant or multi-tenant redevelopment project. The existing structure provides a solid foundation for adaptive reuse, offering significant cost savings compared to new construction. The ground lease is available, and lease options are open for discussion. This property's size, location, and existing infrastructure make it an attractive investment for owner-users seeking redevelopment or those looking for a substantial retail space in a growing market. The property's level site and ample parking further enhance its appeal. Consider the possibilities for a grocery outlet or other high-traffic retail establishment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.