535 Freeport RdCreighton, PA 15030

  • Retail properties
  • 0.15 AC
For Sale
$219,900 View listing

Property Details for 535 Freeport Rd

Lot size
0.15 AC
Property type
Retail properties
Property subtype
Auto shops
APN
841-F-305
APU
841F305

Description

This exceptional commercial property, situated on a highly visible 0.15-acre lot at 535 Freeport Road in Creighton, PA, presents a unique investment opportunity. The main structure is a well-maintained three-bay garage featuring expansive ceiling heights. Two bays measure 38x33 feet and include a heavy-duty drive-on auto lift rack, while a third bay measures 26x20 feet and is equipped with a Challenger heavy-duty two-post auto lift. The garage also boasts ample shelving, a waste oil furnace, and a gas furnace. Adjacent to the garage is a separate reception area (17x14 feet) with large windows, ceramic tile floors, and a restroom. A 12x11-foot office, freshly painted, provides additional space. A utility room houses the furnace and hot water tank. The property also includes a two-story metal storage building, adding significant storage capacity. The entire property benefits from abundant overhead lighting, glass block windows, and an included air compressor with air lines. Existing shelving, a desk, and a table will remain with the property. This location offers excellent visibility and accessibility, with close proximity to Route 28 and the Pennsylvania Turnpike. The property is ready for immediate occupancy and presents a versatile space suitable for a variety of commercial uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,018,548
    6.5%
    $1,863,275
    7%
    $1,730,184
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,656,534
    Geo Method
    $3,242,771
  • Alternative Use

    Use
    Valuation
    Residential
    $1,571,742
    Hospitality
    $1,439,708
    Educational
    $1,197,820
    Medical
    $1,239,015
    Retail
    $1,863,275
535 Freeport Rd, Creighton, Pennsylvania

Location Insight

City
Creighton
County
Allegheny
State
Pennsylvania
Latitude
40.5761
Longitude
-79.7784
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
$3,101
$46,700
$50,000
$96,700
-
$46,700
$50,000
$96,700

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].