1045 Canal StSharpsburg, PA 15215

Property Details for 1045 Canal St

Lot size

0.20 AC

Property type

Office properties

Property subtype

Office buildings

APN

168-J-286

APU

168J286

Description

This exceptional retail property, located at 1045 N Canal St in Sharpsburg, Pennsylvania (15215), offers a unique opportunity for businesses seeking flexible and modern space. The building totals 13,633 square feet and features multiple tenancy options, with seven spaces currently available ranging from 350 to 2,104 contiguous square feet. A minimum of 1,640 square feet is divisible. Currently, 7,363 square feet are vacant. The property boasts a recently completed renovation under new ownership, providing a fresh and updated environment for tenants. Individual office suites are available for lease at a monthly rate of $400. Ample parking is provided with a private lot accommodating 14+ vehicles in the rear. Convenient loading options are available, including both dock and drive-in access. This location is situated in a thriving area of Sharpsburg, surrounded by over 200 local businesses, reflecting the neighborhood's significant recent growth. This property presents a compelling investment opportunity in a dynamic and up-and-coming community within Allegheny County.

• CAP approach

  CAP return

  Valuation

  6%

  $2,017,458

  6.5%

  $1,862,269

  7%

  $1,729,250

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,581,015

  Geo Method

  $1,581,015

• Alternative Use

  Use

  Valuation

  Residential

  $2,309,214

  Hospitality

  $2,115,228

  Educational

  $1,759,845

  Medical

  $1,820,368

  Retail

  $2,737,536

Location Insight

City

Pittsburgh

County

Allegheny

State

Pennsylvania

Latitude

40.4948

Longitude

-79.9309

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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