2892 Hardies RdGibsonia, PA 15044

Property Details for 2892 Hardies Rd

Lot size

1.09 AC

Property type

Turn key restaurants

APN

1355-E-21

APU

1355E21

Description

This exceptional 6,349 square foot standalone building, situated on a 1.12-acre lot, presents a remarkable investment opportunity in Gibsonia, Pennsylvania. Previously occupied by Max & Erma's, this versatile property is ideally suited for a variety of commercial uses, including restaurants, medical offices, or general office space. The building's adaptable layout allows for division to accommodate smaller tenants. Ample parking is available on-site. The property boasts excellent visibility and accessibility, enjoying high traffic counts with 25,291 vehicles daily on Route 8 and 37,660 vehicles daily on the Pennsylvania Turnpike. Its strategic location provides easy access to both major roadways, ensuring high visibility and convenient access for customers and employees. The surrounding area demonstrates strong demographics, featuring high household incomes, making it an attractive location for businesses seeking a thriving market. This is a ground lease property. The building's previous use as a successful restaurant highlights its potential for a variety of commercial ventures. Don't miss this chance to acquire a prime commercial property in a high-traffic area with strong growth potential.

• CAP approach

  CAP return

  Valuation

  6%

  $13,977,154

  6.5%

  $12,901,988

  7%

  $11,980,417

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,632,288

  Geo Method

  $11,220,782

• Alternative Use

  Use

  Valuation

  Residential

  $10,883,309

  Hospitality

  $9,969,053

  Educational

  $8,294,135

  Medical

  $8,579,383

  Retail

  $12,901,988

Location Insight

City

Gibsonia

County

Allegheny

State

Pennsylvania

Latitude

40.6132

Longitude

-79.9469

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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