58 Route 88Charleroi, PA 15022

Property Details for 58 Route 88

Year built

1967

Lot size

0.74 AC

Property type

Retail properties

Property subtype

Other automotive properties

APN

320-007-01-02-0003-00

APU

3200070102000300

Description

This exceptional commercial property, located at 58 Route 88 in Charleroi, Pennsylvania, presents a significant investment opportunity. Situated on a 0.74-acre lot, the building offers substantial space ideal for a variety of business ventures. The expansive interior layout provides flexibility for diverse operational needs, accommodating both office and storage requirements. Its prime location ensures high visibility and accessibility, benefiting from significant traffic flow. The property's versatility makes it suitable for a wide range of businesses seeking a well-positioned and spacious facility. The ample space allows for customization to meet specific business requirements, offering a significant advantage for companies needing both office and storage or workshop areas. This is a rare opportunity to acquire a substantial commercial property in a desirable location with excellent potential for growth and profitability. The asking price is $1,500,000. Serious inquiries are encouraged to explore this promising investment. The property's size and location make it a compelling option for businesses seeking to establish or expand their operations in a thriving commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $11,277,873

  6.5%

  $10,410,344

  7%

  $9,666,748

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,241,062

  Geo Method

  $16,241,062

• Alternative Use

  Use

  Valuation

  Residential

  $8,781,515

  Hospitality

  $8,043,820

  Educational

  $6,692,364

  Medical

  $6,922,525

  Retail

  $10,410,344

Location Insight

City

Charleroi

County

Washington

State

Pennsylvania

Latitude

40.1573

Longitude

-79.9093

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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