6031 Saltsburg RdVerona, PA 15147

Property Details for 6031 Saltsburg Rd

Lot size

0.28 AC

Property type

Office properties

Property subtype

Office buildings

APN

447-S-375

APU

447S375

Description

This exceptional office building, situated at the highly visible corner of Saltsburg Road and Frankstown/Hulton Road in Verona, Pennsylvania, presents a remarkable investment opportunity. The property, encompassing 0.28 acres, has undergone recent renovations, resulting in a modern and functional workspace. The building features eight private offices, conveniently spread across two floors, each with its own separate entrance, ideal for multiple tenants or a collaborative co-working environment. The ground floor welcomes visitors with a spacious lobby and a dedicated conference room, perfect for meetings and presentations. Recent upgrades include brand new flooring throughout, fresh paint, and a completely modernized HVAC and electrical system installed in 2021, ensuring efficient and comfortable operation. Ample parking is readily available, with spaces situated both in front of the building and in a generously sized rear lot. This versatile property offers endless possibilities, whether you seek to establish your own business or capitalize on its strong rental potential. Its prime location at the intersection of two major roads ensures high visibility and accessibility, making it an attractive proposition for a wide range of businesses. The building's modern amenities and convenient features combine to create a highly desirable commercial space. This is a must-see property for discerning investors and business owners alike.

• CAP approach

  CAP return

  Valuation

  6%

  $2,685,404

  6.5%

  $2,478,834

  7%

  $2,301,774

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,697,132

  Geo Method

  $2,402,279

• Alternative Use

  Use

  Valuation

  Residential

  $3,073,754

  Hospitality

  $2,815,542

  Educational

  $2,342,498

  Medical

  $2,423,060

  Retail

  $3,643,886

Location Insight

City

Verona

County

Allegheny

State

Pennsylvania

Latitude

40.4844

Longitude

-79.8203

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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