2928 Park RdBethel Park, PA 15102

This exceptional Bethel Park, Pennsylvania retail property, located at 2928-2930 South Park Rd, offers a unique investment opportunity encompassing 11,931 square feet on a 0.65-acre lot. The property features a three-story building and includes 15 parking spaces. The asking price is $775,000, with a current cap rate of 0.78% and a pro-forma cap rate of 10.29%. The current NOI is $6,037, while the pro-forma NOI is projected at $79,756. The property boasts high visibility with over 104 feet of frontage on South Park Rd, benefiting from a high average daily traffic count. One building, at 2928 South Park Rd, offers 1,284 square feet and is suitable for office or retail use. The adjacent building, 2930 South Park Rd, comprises approximately 6,894 square feet and includes a three-story apartment building with two garages, all currently rented, and a restaurant space available for lease. The property's spacious interior allows for versatile layout options, making it ideal for a variety of commercial uses. Its prime location near established businesses and residential areas ensures strong potential for attracting customers and generating substantial income. This property presents a compelling opportunity for owner-occupiers seeking to combine business operations with investment income or for investors looking to maximize rental income through leasing all available spaces and potentially increasing apartment rents to market rates. The property is situated in Allegheny County, PA, zip code 15102.