415 Chartiers Ave Carnegie, PA 15106
- Specialty properties
- 0.07 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 415 Chartiers Ave
- Lot size
- 0.07 lot acres
- Property type
- Specialty properties
- APN
- 103-L-140
- APU
- 103L140
Description
This exceptional 9,000 square foot executive office building in Carnegie, Pennsylvania, presents a compelling investment opportunity. Located at 415 Chartiers Ave, this two-story Class C building sits on a 9,662 square foot lot and boasts significant street visibility, ideal for businesses seeking high foot traffic. The property features ample parking with a private lot accommodating 9-10 cars, plus a garage with an overhead door. The building offers two entrances and potential for an upper deck. The interior includes a fully renovated upstairs area suitable for office or residential use (requiring further renovation), along with a full basement. Upgrades include a new roof (September 2020), new windows and wiring (2006), and a recently repaved parking lot (within the last 5 years). The building also benefits from a 10-year-old AC system, Comcast high-speed internet, and two electric meters. Its prime location in Carnegie's business district offers convenient proximity to banks (PNC and Citizens), restaurants, and coffee shops. The asking price is $630,000 ($70/sq ft), reflecting the property's significant potential and strategic location within the D-3 Arterial District zoning. Previously used as a CPA office after a 2006 remodel from a former funeral home, this versatile space is well-suited for a variety of businesses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $285,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $360,000
- 6.5%
- $350,000
- 7%
- $410,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $410,000
- Geo Method
- $390,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $345,000
- Retail
- $430,000
- Mixed-Use
- $345,000
- Hospitality
- $430,000
- Educational
- $365,000
- Residential Income
- $385,000
- Energy
- $405,000
- Income-Based Land
- $395,000
- Food Service
- $395,000
Location Insight
- Map
- Local Demand
- City
- Carnegie
- County
- Allegheny
- State
- Pennsylvania
- Longitude
- -80.0891
- Latitude
- 40.4068
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA