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Property profile & analytics
FOR SALE
Office buildings

1331 Freeport Rd Cheswick, PA 15024

1.29 ac lot Built 1970
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US73-1415103
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1970
Lot 1.29 ac (56,284 SF)
APN 530-P-232
UPID US73-1415103
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • GlampinGals Boutique Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Hamar Holdings LLC · 8 yrs held
Hamar Holdings LLC
since 2018
6 recorded transactions
2018
$450,000
2018
Price N/A
2001
Price N/A
2000
Price N/A
1997
$507,520
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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