185 Waterfront DrHomestead, PA 15120

Property Details for 185 Waterfront Dr

Lot size

1.71 AC

Property type

Retail properties

Property subtype

Turn key restaurants

APN

130-E-25

APU

130E25

Description

This exceptional retail property, The Waterfront, in Homestead, Pennsylvania (zip code 15120), boasts a substantial 849,747 square feet of retail space, strategically divided into a dynamic power center and a vibrant lifestyle center. The Market on Waterfront, a 350,000-square-foot power center, is anchored by a strong lineup of national retailers including Bed Bath & Beyond, Dick's Sporting Goods, TJ Maxx, Marshalls, Petco, Best Buy, Ross Dress for Less, Michaels, and DSW. This impressive anchor tenant roster is further bolstered by the proximity of significant shadow anchors such as Target, Lowe's Home Improvement Center, and Giant Eagle, ensuring high foot traffic and strong consumer draw. Complementing the power center is the Waterfront Town Center, a 400,000-square-foot lifestyle retail destination anchored by a 22-screen AMC IMAX Theatre and Dave & Buster's, along with a diverse collection of upscale restaurants and specialty shops. Located at 185 E Waterfront Dr, this multi-tenant community shopping center presents a unique opportunity within Allegheny County's thriving retail market. The property's prime location and impressive tenant mix offer significant potential for investors seeking a high-performing retail asset. The property is situated at 40.410671185433785 latitude and -79.91538324671971 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $26,061,494

  6.5%

  $24,056,764

  7%

  $22,338,424

• Comparable approach

  Method

  Valuation

  Relative Method

  $37,530,688

  Geo Method

  $37,530,688

• Alternative Use

  Use

  Valuation

  Residential

  $20,292,780

  Hospitality

  $18,588,078

  Educational

  $15,465,062

  Medical

  $15,996,930

  Retail

  $24,056,764

Location Insight

City

Homestead

County

Allegheny

State

Pennsylvania

Latitude

40.4106

Longitude

-79.9157

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].