110 Andrew DrPittsburgh, PA 15275

Property Details for 110 Andrew Dr

Lot size

1.56 AC

Property type

Retail properties

Property subtype

Turn key restaurants

APN

412-B-2

APU

412B2

Description

This exceptional 8,400 square foot retail property, located in Allegheny County, presents a unique investment opportunity. Currently vacant, the entire space is available for lease, offering a blank canvas for a discerning tenant. The property boasts a substantial 1.56-acre lot, providing ample space for parking, outdoor seating, or future expansion. The building's single-tenant configuration simplifies management and offers a streamlined operational environment. Its classification as a commercial retail space makes it ideal for a variety of businesses seeking high visibility and accessibility. The generous lot size, coupled with the significant square footage, ensures ample room for both interior operations and exterior amenities. This property is perfectly situated for a business seeking a prominent location with significant space to grow. The property's size and location in Allegheny County offer excellent potential for a strong return on investment. This is a rare opportunity to secure a substantial retail space in a desirable location. The property is ready for immediate occupancy, allowing for a swift and efficient transition for the new tenant. Interested parties are encouraged to inquire further to explore the possibilities this prime retail space offers. The 8,400 square feet of available space provides significant flexibility for a variety of business models. The 1.56-acre lot provides ample parking and potential for outdoor development. This property is an excellent opportunity for a business seeking a high-profile location in Allegheny County.

• CAP approach

  CAP return

  Valuation

  6%

  $18,997,246

  6.5%

  $17,535,920

  7%

  $16,283,354

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,018,171

  Geo Method

  $16,018,171

• Alternative Use

  Use

  Valuation

  Residential

  $14,792,204

  Hospitality

  $13,549,580

  Educational

  $11,273,091

  Medical

  $11,660,790

  Retail

  $17,535,920

Location Insight

City

Pittsburgh

County

Allegheny

State

Pennsylvania

Latitude

40.4508

Longitude

-80.1759

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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