3 Walkers Mill RdCarnegie, PA 15106

Property Details for 3 Walkers Mill Rd

Lot size

0.06 AC

Property type

Investment properties

Property subtype

Live-work space

APN

200-J-16

APU

200J16

Description

This exceptional commercial property, located at 3 Walkers Mill Rd in Carnegie, PA, presents a remarkable investment opportunity. Situated on a desirable 0.15-acre double corner lot, this building is ideally suited for restaurant or retail use, offering significant potential for a variety of businesses. The main floor boasts a spacious, open layout perfect for customer interaction, featuring new tile flooring and a sizable kitchen area. A charming front window area is well-suited for convenient takeout and delivery services. The full basement provides ample storage space, adding to the property's functionality. Upstairs, a large unfinished area offers significant expansion possibilities, including space for a business office and rough-ins for an additional restroom. The property also includes a convenient and spacious level parking lot with ample room for customer vehicles. This versatile building offers a blend of existing features and significant upside potential, making it an attractive option for entrepreneurs seeking a well-located commercial space in a thriving community. The asking price is $569,000. This is a rare opportunity to establish or expand your business in a prime location within Collier Township. Don't miss out on this chance to own a piece of Carnegie's vibrant commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $531,925

  6.5%

  $491,008

  7%

  $455,936

• Comparable approach

  Method

  Valuation

  Relative Method

  $261,631

  Geo Method

  $261,631

• Alternative Use

  Use

  Valuation

  Residential

  $608,850

  Hospitality

  $557,703

  Educational

  $464,003

  Medical

  $479,960

  Retail

  $721,782

Location Insight

City

Carnegie

County

Allegheny

State

Pennsylvania

Latitude

40.3975

Longitude

-80.1303

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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