1331 Freeport Rd Cheswick, PA 15024
This exceptional mixed-use property in Cheswick, Pennsylvania, presents a compelling investment opportunity. The 12,000-square-foot building, situated on a 1.29-acre lot (APN 8000-T-01809-0000-00), features seven recently renovated (2019) residential apartments above five main-level commercial storefronts. All apartments are currently occupied, with tenants responsible for most utilities. The building boasts ample parking for residents and commercial tenants, and benefits from high visibility signage along Freeport Road. Its convenient location offers easy access to the Pennsylvania Turnpike and Route 28, as well as nearby shopping centers and Target. The property is zoned C-1 and includes a vacant, buildable lot at the rear, presenting potential for expansion (subject to approvals). A basement area offers potential for additional development, such as a laundry facility. The asking price is $1,200,000 ($100/sq ft). This fully operational, income-producing property offers immediate returns and significant upside potential through value-added improvements and expansion. A minimum 48-hour notice is required for showings. Please do not disturb tenants. Additional information is available upon request.
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GlampinGals Boutique Clothing & Fashion Store
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
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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.