1802 Main StSharpsburg, PA 15215

Property Details for 1802 Main St

Lot size

0.04 AC

Property type

Retail residential properties

APN

168-L-73

APU

168L73

Description

This exceptional investment opportunity presents a 0.04-acre lot at 1802 Main Street in Sharpsburg, Pennsylvania. The property consists of a completely gutted brick building, offering a blank canvas for a wide range of redevelopment projects. The structure is an "empty shell," meaning all interior components have been removed, eliminating demolition costs and expediting the renovation process. This presents significant cost savings for the buyer, allowing for a streamlined and efficient construction timeline. The building's brick exterior offers durability and character, providing a solid foundation for a new structure. The property's location on Main Street in Sharpsburg offers excellent visibility and accessibility, making it ideal for a variety of commercial uses. Given its size and location, this property is well-suited for a boutique retail space, a small office building, or a unique residential conversion, subject to local zoning regulations. The absence of existing interior structures allows for complete customization to meet the specific needs of the future owner. This is a rare opportunity to acquire a property in a desirable location with significant potential for value appreciation. The asking price of $110,000 reflects the significant cost savings associated with the existing "empty shell" condition. Serious inquiries are encouraged. Buyers are responsible for conducting their own due diligence regarding zoning and permitting requirements.

• CAP approach

  CAP return

  Valuation

  6%

  $485,249

  6.5%

  $447,922

  7%

  $415,927

• Comparable approach

  Method

  Valuation

  Relative Method

  $427,105

  Geo Method

  $530,871

• Alternative Use

  Use

  Valuation

  Residential

  $447,922

  Hospitality

  $410,294

  Educational

  $341,360

  Medical

  $353,100

  Retail

  $531,004

Location Insight

City

Pittsburgh

County

Allegheny

State

Pennsylvania

Latitude

40.4947

Longitude

-79.9215

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].