28 Monongahela AveGlassport, PA 15045

Property Details for 28 Monongahela Ave

Lot size

1.24 AC

Property type

Strip malls

Property subtype

Neighborhood centers

APN

467-C-35

APU

467C35

Description

This exceptional multi-tenant retail center in Glassport, PA, boasts 24,700 square feet of prime commercial space at 28 Monongahela Ave, 15045. Currently housing established businesses including Dollar General, Subway, Mama Pepino's Pizza, Tube City, and a laundromat, this property presents a lucrative investment opportunity. Two spaces are immediately available, ranging from 1,568 to 3,500 square feet, providing flexibility for a variety of retail uses. The high-traffic location ensures excellent visibility and accessibility for tenants, contributing to strong potential for rental income. The building's existing tenant mix demonstrates a proven track record of success in this location. The available spaces offer a chance to expand an existing business or establish a new presence in a thriving community. This property is ideally suited for businesses seeking a well-established location with significant foot traffic and a diverse range of neighboring businesses. The available square footage provides ample space for a variety of retail concepts, making it an attractive option for both established and emerging businesses. The property's location in Glassport, Pennsylvania offers easy access to major transportation routes, ensuring convenient access for both customers and employees. This is a rare opportunity to acquire a well-positioned retail property in a growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $18,893,254

  6.5%

  $17,439,926

  7%

  $16,194,217

• Comparable approach

  Method

  Valuation

  Relative Method

  $27,207,836

  Geo Method

  $27,207,836

• Alternative Use

  Use

  Valuation

  Residential

  $14,711,230

  Hospitality

  $13,475,408

  Educational

  $11,211,381

  Medical

  $11,596,958

  Retail

  $17,439,926

Location Insight

City

Glassport

County

Allegheny

State

Pennsylvania

Latitude

40.335

Longitude

-79.8912

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].