900 Rebecca AveWilkinsburg, PA 15221

Property Details for 900 Rebecca Ave

Lot size

3.19 AC

Property type

Assisted living facilities

Property subtype

Retirement homes

APN

233-J-128

APU

233J128

Description

This exceptional 3.19-acre property at 900 Rebecca Ave, Wilkinsburg, PA, presents a significant investment opportunity. Boasting a park-like setting with mature trees and access from three streets (East Swissvale, Rebecca, and Coal), this multi-use building offers unparalleled versatility. The expansive first floor features a grand ballroom, a fully equipped commercial kitchen, a large dining area, a gym, a sunroom, multiple offices, and sizable conference rooms. The property's 70 parking spaces cater to a large volume of occupants or guests. The building is compliant with fire and safety disability codes, ensuring accessibility and safety. Its prime location provides easy access to all East End neighborhoods and the Parkway, offering convenient connections to both suburban and downtown Pittsburgh areas. The property's size and features make it suitable for a variety of uses, including, but not limited to, inpatient and/or outpatient drug/alcohol rehabilitation facilities or single-room occupancy (SRO) housing. This is a rare opportunity to acquire a substantial property with significant development potential in a desirable location. The asking price is $2,500,000.

• CAP approach

  CAP return

  Valuation

  6%

  $32,328,810

  6.5%

  $29,841,980

  7%

  $27,710,410

• Comparable approach

  Method

  Valuation

  Relative Method

  $31,950,292

  Geo Method

  $31,950,292

• Alternative Use

  Use

  Valuation

  Residential

  $37,855,812

  Hospitality

  $34,675,720

  Educational

  $28,849,790

  Medical

  $29,841,980

  Retail

  $44,877,452

Location Insight

City

Pittsburgh

County

Allegheny

State

Pennsylvania

Latitude

40.438

Longitude

-79.8807

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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