200 Allegheny River BlvdVerona, PA 15147

Property Details for 200 Allegheny River Blvd

Lot size

1.54 AC

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

365-F-340

APU

365F340

Description

This exceptional retail property, River Town Shopping Center, located at 200 Allegheny River Blvd in Verona, Pennsylvania (15147), offers a fantastic opportunity for businesses seeking high-visibility space in Allegheny County. The center boasts a total of 78,665 square feet, currently featuring two suites. A significant portion of the space, totaling 3,781 square feet, is currently vacant and available for lease. This presents a unique chance to establish or expand your business in a thriving commercial area. Individual spaces range from a minimum of 981 square feet to a maximum contiguous space of 2,800 square feet, providing flexibility for various business needs. The property's prime location along Allegheny River Boulevard ensures high traffic volume and excellent visibility, making it an ideal location for attracting customers. The property is classified as retail commercial space with multiple tenancy options. This presents a compelling investment opportunity for businesses seeking a well-located, versatile retail space in a desirable Pennsylvania community. Interested parties are encouraged to inquire about lease terms and availability. The property is conveniently located in Allegheny County, offering easy access to major transportation routes and a strong local customer base.

• CAP approach

  CAP return

  Valuation

  6%

  $22,068,162

  6.5%

  $20,370,612

  7%

  $18,915,568

• Comparable approach

  Method

  Valuation

  Relative Method

  $23,905,144

  Geo Method

  $33,843,524

• Alternative Use

  Use

  Valuation

  Residential

  $17,183,374

  Hospitality

  $15,739,877

  Educational

  $13,095,393

  Medical

  $13,545,764

  Retail

  $20,370,612

Location Insight

City

Verona

County

Allegheny

State

Pennsylvania

Latitude

40.4993

Longitude

-79.8444

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].