620 Miller AveClairton, PA 15025

Property Details for 620 Miller Ave

Lot size

0.06 AC

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

879-M-308

APU

879M308

Description

This exceptional commercial property, located at 620 Miller Avenue in Clairton, Pennsylvania, presents a compelling investment opportunity. Situated on a 0.06-acre lot along a high-traffic main corridor, this solid brick building boasts numerous recent upgrades, ensuring both functionality and longevity. The property features a brand-new roof, providing years of worry-free protection. Further enhancing its appeal are the recently installed gas service line, hot water tank, and electric panel, all contributing to efficient and reliable operation. The water service has also been updated, ensuring a seamless and modern infrastructure. The building's robust construction and recent improvements make it an ideal canvas for a variety of commercial ventures. Adding to its versatility, a three-bedroom apartment is located above the commercial space, offering potential for additional income or owner occupancy. The property's prime location and updated systems combine to create a rare opportunity in the Clairton market. Easy to tour, this property is ready for immediate occupancy and promises a strong return on investment. Don't miss this chance to acquire a well-maintained, high-traffic commercial building with significant upside potential. The asking price is $85,000.

• CAP approach

  CAP return

  Valuation

  6%

  $737,832

  6.5%

  $681,076

  7%

  $632,427

• Comparable approach

  Method

  Valuation

  Relative Method

  $774,768

  Geo Method

  $774,768

• Alternative Use

  Use

  Valuation

  Residential

  $681,076

  Hospitality

  $623,862

  Educational

  $519,045

  Medical

  $536,896

  Retail

  $807,404

Location Insight

City

Clairton

County

Allegheny

State

Pennsylvania

Latitude

40.2919

Longitude

-79.8834

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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