879 Freeport Rd Creighton, PA 15030-1073
This exceptional 44,000 square foot mixed-use building presents a unique investment or leasing opportunity in Creighton, Pennsylvania. Situated on a sizable 1.58-acre lot directly on Freeport Road, with convenient access to Route 28, this property offers unparalleled visibility and accessibility. Originally constructed in 1927, the building boasts a rich history as a banquet hall, office building, catering facility, and convention center, demonstrating its adaptability and potential for diverse uses. Currently, the entire 44,000 square feet is vacant, providing a blank canvas for redevelopment or repositioning. The single-tenant configuration allows for complete control and customization. Located in Allegheny County, with a 15030 zip code, this property is ideally positioned to capitalize on the area's growth and development. Its substantial size and prime location make it suitable for a wide range of mixed-use projects, offering significant potential for future returns. The property's history showcases its structural integrity and adaptability, making it an attractive proposition for investors and developers seeking a large-scale project with high visibility and significant redevelopment potential. This is a rare opportunity to acquire a substantial property in a desirable location with a multitude of potential uses.
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
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.