415 9Th StNew Brighton, PA 15066

  • Retail properties
  • 0.18 AC
For Lease

Property Details for 415 9Th St

Lot size
0.18 AC
Property type
Retail properties
Property subtype
Parking lots & garages
APN
40-001-0915.001
APU
400010915001

Description

This exceptional 1,269 square foot retail space, situated in a vibrant New Brighton, PA location at 415 9th St, presents a fantastic opportunity for a restaurant. The property is part of a 1.31-acre site, offering high visibility and convenient access. This endcap unit is currently unfinished, allowing for complete customization to perfectly suit your business needs. The space is ideally located alongside established businesses such as Fischer's Beverage, Fine Wine and Good Spirits, and Al's Pizza, ensuring high foot traffic and a strong customer base. The address is 415 9th Street, New Brighton, Pennsylvania, 15066. The property is zoned for retail use and offers a multiple tenancy setup. Note that the addition of a drive-thru is not possible at this location. This is a rare opportunity to establish your restaurant in a thriving commercial area with excellent neighboring businesses. The property's size and location make it an ideal choice for a variety of restaurant concepts. The building's total square footage is not currently specified. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,192,033
    6.5%
    $2,023,415
    7%
    $1,878,885
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,848,287
    Geo Method
    $1,848,287
  • Alternative Use

    Use
    Valuation
    Residential
    $1,706,826
    Hospitality
    $1,563,444
    Educational
    $1,300,767
    Medical
    $1,345,502
    Retail
    $2,023,415
415 9Th St, New Brighton, Pennsylvania

Location Insight

City
New Brighton
County
Beaver
State
Pennsylvania
Latitude
40.7349
Longitude
-80.3126
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
$1,923
$20,700
$2,550
$23,250
-
$41,400
$5,100
$46,500

FAQs

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