232 3Rd AveCarnegie, PA 15106

  • Mixed-use properties
  • 0.03 AC
For Sale
$395,000 View listing

Property Details for 232 3Rd Ave

Lot size
0.03 AC
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
102-C-6
APU
102C6

Description

This impeccably maintained brick building at 232 3rd Avenue in Carnegie, Pennsylvania, presents a unique owner-user opportunity. The 4,200 square foot storefront boasts a main floor currently configured with three conference rooms, a kitchenette, and an ADA-compliant restroom. Abundant natural light floods the space, complemented by neutral paint and flooring for easy customization. The second and third floors, each approximately 1400 square feet, offer separate entrances and balconies, and are zoned for commercial office or apartment use. These upper floors feature individual HVAC systems (approximately 8 years old on the first floor and 3 years old on the upper floors), 9-foot ceilings, and are wired for computer hookups. The property's location within Carnegie's thriving business district ensures high visibility and accessibility. This versatile space is ideal for a business owner seeking a blend of retail and office/residential space, or an investor looking for a strong rental income potential. The building is vacant, allowing for immediate occupancy and customization to suit your specific needs. This is a rare opportunity to acquire a well-maintained, multi-use property in a desirable location. The property is located in Allegheny County, PA, 15106.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $285,076
    6.5%
    $263,147
    7%
    $244,350
  • Comparable approach

    Method
    Valuation
    Relative Method
    $140,216
    Geo Method
    $140,216
  • Alternative Use

    Use
    Valuation
    Residential
    $326,302
    Hospitality
    $298,891
    Educational
    $248,674
    Medical
    $257,226
    Retail
    $386,826
232 3Rd Ave, Carnegie, Pennsylvania

Location Insight

City
Carnegie
County
Allegheny
State
Pennsylvania
Latitude
40.4041
Longitude
-80.0905
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
$7,264
$23,000
$164,600
$187,600
-
$23,000
$164,600
$187,600

FAQs

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