4351 Old William Penn HwyMonroeville, PA 15146

Property Details for 4351 Old William Penn Hwy

Lot size

1.90 AC

Property type

Retail properties

Property subtype

Retail space

APN

743-C-348

APU

743C348

Description

This exceptional executive office building, located at 4351 Old William Penn Highway in Monroeville, Pennsylvania, presents a unique investment opportunity. The 3,200 square foot contemporary building boasts attractive features including vaulted ceilings, skylights, and exposed ductwork, creating a stylish and modern workspace. Built in 1976, this two-story structure sits on a generous 1.9-acre lot, providing ample space and privacy. Parking is abundant, with over 30 spaces available in the on-site lot, supplemented by a detached two-car garage. The property's prime location in Allegheny County, zip code 15146, ensures high traffic flow and excellent visibility. The building is currently configured as an executive office space and includes salon equipment. This turnkey property is priced at $700,000 and offers a compelling combination of location, modern aesthetics, and convenient parking, making it an ideal investment for discerning buyers.

• CAP approach

  CAP return

  Valuation

  6%

  $27,844,612

  6.5%

  $25,702,718

  7%

  $23,866,810

• Comparable approach

  Method

  Valuation

  Relative Method

  $33,611,348

  Geo Method

  $41,777,128

• Alternative Use

  Use

  Valuation

  Residential

  $21,681,204

  Hospitality

  $19,859,866

  Educational

  $16,523,176

  Medical

  $17,091,434

  Retail

  $25,702,718

Location Insight

City

Monroeville

County

Allegheny

State

Pennsylvania

Latitude

40.4434

Longitude

-79.7719

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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