28 Monongahela Ave Glassport, PA 15045
- Strip malls
- 1.24 lot acres
Current Use by Public Records
- Dollar General / Drug Store / Grocery Store
- DollarGeneral09002 / Electronics Vending Machine
- Western Union / Money Transfer Service / Money Order Service
Property Details for 28 Monongahela Ave
- Lot size
- 1.24 lot acres
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 467-C-35
- APU
- 467C35
Description
This exceptional multi-tenant retail center in Glassport, PA, boasts 24,700 square feet of prime commercial space at 28 Monongahela Ave, 15045. Currently housing established businesses including Dollar General, Subway, Mama Pepino's Pizza, Tube City, and a laundromat, this property presents a lucrative investment opportunity. Two spaces are immediately available, ranging from 1,568 to 3,500 square feet, providing flexibility for a variety of retail uses. The high-traffic location ensures excellent visibility and accessibility for tenants, contributing to strong potential for rental income. The building's existing tenant mix demonstrates a proven track record of success in this location. The available spaces offer a chance to expand an existing business or establish a new presence in a thriving community. This property is ideally suited for businesses seeking a well-established location with significant foot traffic and a diverse range of neighboring businesses. The available square footage provides ample space for a variety of retail concepts, making it an attractive option for both established and emerging businesses. The property's location in Glassport, Pennsylvania offers easy access to major transportation routes, ensuring convenient access for both customers and employees. This is a rare opportunity to acquire a well-positioned retail property in a growing market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $225,000
- 6.5%
- $230,000
- 7%
- $225,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $205,000
- Geo Method
- $245,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $240,000
- Retail
- $250,000
- Mixed-Use
- $245,000
- Hospitality
- $210,000
- Educational
- $255,000
- Residential Income
- $255,000
- Energy
- $190,000
- Income-Based Land
- $220,000
- Food Service
- $200,000
Location Insight
- Map
- Local Demand
- City
- Glassport
- County
- Allegheny
- State
- Pennsylvania
- Longitude
- -79.8912
- Latitude
- 40.335
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA