1020 Washington PikeBridgeville, PA 15017

  • Bars
  • 0.75 AC

Property Details for 1020 Washington Pike

Lot size
0.75 AC
Property type
Bars
Property subtype
Pubs
APN
196-R-4
APU
196R4

Description

This exceptional 5,000-square-foot retail space is available for lease at 1020 Washington Pike in Bridgeville, Pennsylvania, zip code 15017. The property is zoned B-1 and situated within the South Pittsburgh/I-79 submarket, benefiting from its location in a high-traffic retail corridor boasting an average daily traffic count exceeding 30,570 vehicles. The single-tenant building sits on a sizable 15,017-square-foot lot and offers ample parking with 40 spaces available for customers and employees. The entire 5,000 square feet is currently vacant, presenting a unique opportunity for a business seeking a prominent location with high visibility. This property is ideal for a variety of retail uses, particularly those that benefit from high foot traffic and convenient access. The property's location in Bridgeville, PA provides easy access to major roadways, ensuring excellent accessibility for customers and employees alike. The substantial lot size offers potential for future expansion or outdoor seating, depending on the tenant's needs and the permitted uses under the B-1 zoning. This is a rare opportunity to secure a well-located, spacious retail property in a thriving commercial area. Interested parties should inquire promptly to learn more about this exceptional leasing opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,121,217
    6.5%
    $8,419,585
    7%
    $7,818,186
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,690,862
    Geo Method
    $7,690,862
  • Alternative Use

    Use
    Valuation
    Residential
    $7,102,234
    Hospitality
    $6,505,608
    Educational
    $5,412,590
    Medical
    $5,598,738
    Retail
    $8,419,585

Location Insight

City
Bridgeville
County
Allegheny
State
Pennsylvania
Latitude
40.3659
Longitude
-80.1064
CBSA code
38300
CBSA name
PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$12,189
$162,300
$257,700
$420,000
-
$162,300
$257,700
$420,000

FAQs

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