8609 University BlvdCoraopolis, PA 15108

Property Details for 8609 University Blvd

Year built

1954

Lot size

1.06 AC

Property type

Retail properties

Property subtype

Drive through restaurants

APN

697-G-149

APU

697G149

Description

This exceptional commercial property, located at 8609 University Boulevard in Coraopolis, Pennsylvania, presents a unique opportunity for a single-tenant retail or restaurant business. Boasting a total building size of 2,895 square feet situated on a generous 1.06-acre lot, this property offers ample space for a variety of uses. The entire building is currently vacant, providing immediate occupancy for a new tenant. The property's address is conveniently located in Allegheny County, with easy access to major transportation routes, ensuring high visibility and accessibility for customers. The single-tenant occupancy allows for complete control and customization of the space to perfectly suit the needs of the business. This is an ideal location for a business seeking a prominent presence in a thriving community. The property's size and location make it an attractive option for a variety of retail or restaurant concepts. The 15108 zip code offers a strong demographic profile, providing a ready-made customer base. This is a rare opportunity to secure a prime commercial space in a desirable location. The property is available for lease and offers a blank canvas for a new business to flourish. Interested parties are encouraged to inquire for further details and leasing information. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $12,882,422

  6.5%

  $11,891,466

  7%

  $11,042,076

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,862,250

  Geo Method

  $10,862,250

• Alternative Use

  Use

  Valuation

  Residential

  $10,030,897

  Hospitality

  $9,188,248

  Educational

  $7,644,514

  Medical

  $7,907,420

  Retail

  $11,891,466

Location Insight

City

Coraopolis

County

Allegheny

State

Pennsylvania

Latitude

40.5072

Longitude

-80.2226

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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