736 Bellefonte StShadyside, PA 15232

  • Retail properties
  • 0.06 AC
For Sale
$95,000 View listing

Property Details for 736 Bellefonte St

Lot size
0.06 AC
Property type
Retail properties
Property subtype
Retail space
APN
52-D-313
APU
52D313

Description

This exceptional commercial property, located at 736 Bellefonte Street in Shadyside, Pennsylvania, presents a unique investment opportunity. Situated on a 0.06-acre lot, this second-floor space offers a private and cozy atmosphere, distinct from the bustling street level. The property benefits from excellent artificial lighting and ample room for customers. Currently operating as a tea shop, the space boasts a high-traffic location, conveniently adjacent to a parking garage and surrounded by thriving restaurants and shops within a desirable neighborhood. The asking price of $95,000 includes the existing business and equipment. A lease is available for the space at a monthly rate of $4,000. This presents a turnkey opportunity for a new business or an expansion for an existing one, capitalizing on the established clientele and prime location in the heart of Shadyside. The property's size is not specified in the provided information. This is an ideal location for a business seeking high visibility and convenient access for customers. The existing business setup provides a ready-made infrastructure for a smooth transition. Don't miss this chance to acquire a thriving commercial space in a highly sought-after area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $874,688
    6.5%
    $807,404
    7%
    $749,732
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,259,622
    Geo Method
    $1,259,622
  • Alternative Use

    Use
    Valuation
    Residential
    $681,076
    Hospitality
    $623,862
    Educational
    $519,045
    Medical
    $536,896
    Retail
    $807,404
736 Bellefonte St, Shadyside, Pennsylvania

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.4514
Longitude
-79.9342
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
$18,086
$187,500
$597,500
$785,000
-
$187,500
$597,500
$785,000

FAQs

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