301 1St AveTarentum, PA 15084

  • Mixed-use properties
  • 0.20 AC
For Sale
$690,000 View listing

Property Details for 301 1St Ave

Lot size
0.20 AC
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
1223-S-163
APU
1223S163

Description

This exceptional two-story, Class B medical office building in Tarentum, Pennsylvania, offers a prime leasing opportunity. Located at 301 E 1st Ave, this mixed-use commercial property boasts a total of 11,800 square feet, with 3,500 square feet currently available for lease. The building features a single, large suite ideal for a variety of medical practices or related businesses. The property is conveniently situated in Allegheny County, offering easy access for patients and staff. While there are no elevators, the building's two stories are easily accessible. Ample parking is provided with nine spaces available for tenants and visitors. The property's classification as a mixed-use commercial space allows for flexibility in tenant use. This is a rare opportunity to secure a substantial space in a well-located building within a thriving community. The available 3,500 square feet presents a blank canvas for a growing medical practice or a business seeking a prominent location in Tarentum. The building's existing infrastructure provides a solid foundation for immediate occupancy. The address is 301 E 1st Ave, Tarentum, PA 15084. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,830,598
    6.5%
    $1,689,783
    7%
    $1,569,084
  • Comparable approach

    Method
    Valuation
    Relative Method
    $876,337
    Geo Method
    $1,715,485
  • Alternative Use

    Use
    Valuation
    Residential
    $2,095,331
    Hospitality
    $1,919,312
    Educational
    $1,596,845
    Medical
    $1,651,763
    Retail
    $2,483,981
301 1St Ave, Tarentum, Pennsylvania

Location Insight

City
Tarentum
County
Allegheny
State
Pennsylvania
Latitude
40.6002
Longitude
-79.7527
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
$16,610
$18,900
$451,100
$470,000
-
$18,900
$451,100
$470,000

FAQs

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