1 Chicago AveElizabeth, PA 15037

  • Warehouses
  • 2.33 AC
For Lease
$6.25/SF/YR View listing

Property Details for 1 Chicago Ave

Lot size
2.33 AC
Property type
Warehouses
APN
1001-N-188
APU
1001N188

Description

This exceptional 52,000-square-foot warehouse in Elizabeth, Pennsylvania, presents a significant opportunity for industrial businesses. Located at 1 Chicago Ave, this single-tenant property sits on a substantial 2.327-acre lot, offering ample space for operations and storage. The building boasts four convenient drive-in doors, facilitating efficient loading and unloading. Three-phase power is readily available, catering to the needs of various industrial applications. The property's M-1 Light Industrial zoning allows for a wide range of uses, including light manufacturing, distribution, and logistics. Its strategic location provides easy access to major transportation arteries, being less than one mile from Route 51 and three miles from Route 43, ensuring seamless transportation and logistics. The expansive lot size also allows for a secure laydown yard, adding to the property's versatility and operational efficiency. This warehouse is ready for immediate occupancy, offering a blank canvas for your business to thrive in Allegheny County. The property is zoned for M-1 Light Industrial use. This is a rare opportunity to secure a large, well-located industrial space in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $27,614,614
    Hospitality
    $25,294,838
    Educational
    $21,045,008
    Medical
    $21,768,778
    Retail
    $32,736,680

Location Insight

City
Elizabeth
County
Allegheny
State
Pennsylvania
Latitude
40.2784
Longitude
-79.8813
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
$25,039
$116,400
$588,800
$705,200
-
$116,400
$588,800
$705,200

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