For Sale
$1,799,000

2189 Hulton Rd Verona, PA 15147

1-Acre Commercial Lot, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity in Verona, Pennsylvania, presents two parcels totaling approximately one acre of commercially zoned land. The front parcel, currently undeveloped, offers significant potential for a new building up to 6,000 square feet, subject to permitted uses and approval. The rear parcel is currently under a triple-net lease with a restaurant tenant, in the second year of a ten-year agreement. This lease must be honored by any new owner, and the agreement includes a clause prohibiting the construction of a competing restaurant on the front parcel. Utilities are readily accessible for the front lot, and site preparation, including a retaining pond, is complete. The property enjoys a highly desirable location directly across from the prestigious Oakmont Country Club, benefiting from significant traffic flow from surrounding communities including Oakmont, New Kensington, Lower Burrell, Penn Hills, and Plum. The property's proximity to Coxcomb Hill and Hulton Road ensures excellent visibility and accessibility. This is a unique opportunity to capitalize on the high demand for commercial space in this area, particularly given the upcoming 2025 US Open at Oakmont Country Club. The asking price for both parcels is $1,799,000. Additional use restrictions are detailed in supplemental documentation. Both parcels must be purchased together.

Highlights

  • One-acre commercially zoned vacant lot available for development, subject to owner approval.
  • Rear parcel under a 10-year lease (year 2 of term).
  • Front lot utilities readily accessible.
  • Retaining pond complete and permitted.
  • Use restrictions detailed in supplemental documents.
  • Existing lease prohibits competing restaurants on the front parcel for its duration.

Property Details for 2189 Hulton Rd

Property type
Land
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Verona
County
Allegheny
State
Pennsylvania
Latitude
40.526499241347
Longitude
-79.818415924302

FAQs

What type of property is this?
Land - 1-Acre Commercial Lot, Prime Location
Where is the land located?
The property is located at 2189 Hulton Rd Verona, PA.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: One-acre commercially zoned vacant lot available for development, subject to owner approval.; Rear parcel under a 10-year lease (year 2 of term).; Front lot utilities readily accessible.
How can I contact the broker?
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2189 Hulton Rd
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