1421 Freeport RdNatrona Heights, PA 15065

  • Retail properties
  • 2,256 SF
For Sale

Property Details for 1421 Freeport Rd

Year built
1940
Construction
BRICK
Lot size
0.42 AC
Property size (Sq ft)
2,256 SF
Property type
Retail properties
Property subtype
Retail space
APN
1519-N-168
APU
1519N168

Description

This exceptional 7,457 square foot retail space is located in the heart of South Beach's Art Deco District, offering unparalleled visibility and foot traffic. Situated on the second floor of a two-story building at the corner of Collins Avenue, this single-tenant unit boasts a prominent street-facing display window, ensuring maximum exposure to the bustling area. The zoning designation is 6501. The property features a flexible layout, ideal for a variety of businesses, including offices or service industries. Its prime location places it within steps of Ocean Drive and is surrounded by a vibrant mix of hotels, restaurants, and other thriving businesses. The property is move-in ready and available to qualified tenants with approved credit. The application process is straightforward and efficient. This is a truly unique opportunity to establish a presence in one of South Beach's most sought-after locations. The APN is 02-32-34-008-0260. Please note that this is a single-tenant space in a building with a total of one suite.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $707,558
    6.5%
    $653,131
    7%
    $606,478
  • Comparable approach

    Method
    Valuation
    Relative Method
    $580,662
    Geo Method
    $1,136,683
  • Alternative Use

    Use
    Valuation
    Residential
    $550,940
    Hospitality
    $504,658
    Educational
    $419,870
    Medical
    $434,310
    Retail
    $653,131
1421 Freeport Rd, Natrona Heights, Pennsylvania

Location Insight

City
Natrona Heights
County
Allegheny
State
Pennsylvania
Latitude
40.6193
Longitude
-79.7314
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
$6,808
$64,800
$129,900
$194,700
-
$64,800
$129,900
$194,700

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].