325 Airbrake AveWilmerding, PA 15148

  • Other commercial real estate
  • 0.51 AC
For Sale
$175,000 View listing

Property Details for 325 Airbrake Ave

Lot size
0.51 AC
Property type
Other commercial real estate
APN
545-R-258
APU
545R258

Description

This exceptional Wilmerding, PA property offers a unique investment opportunity encompassing three interconnected buildings at 325-331 Airbrake Avenue, totaling over 23,000 square feet. Situated on a 0.51-acre lot, this complex is zoned M1-General Industrial, providing unparalleled versatility for a range of uses including flex space, warehousing, light manufacturing, and storage. The main building, 331 Airbrake Avenue, boasts impressive 20-foot high ceilings and 7,611 square feet of open, usable space. A significant advantage is the inclusion of a 14-foot high drive-in garage door at the rear, facilitating efficient loading and unloading. The remaining two buildings offer approximately 12,000 square feet with 10-12 foot ceilings, ideal for storage, warehousing, or light manufacturing operations. Further enhancing the property's functionality is the presence of second-floor office space in the front of the main building, complemented by additional second-floor storage space in the rear. The property consists of two separate parcels, with 331 Airbrake Avenue situated on its own parcel ID. This presents a compelling opportunity for both ownership and lease arrangements, with the seller open to considering lease options for the entire complex. Priced at $175,000, this property represents a significant value proposition in a desirable industrial location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,020,708
    Hospitality
    $5,514,936
    Educational
    $4,588,362
    Medical
    $4,746,162
    Retail
    $7,137,452
325 Airbrake Ave, Wilmerding, Pennsylvania

Location Insight

City
Wilmerding
County
Allegheny
State
Pennsylvania
Latitude
40.3952
Longitude
-79.8061
CBSA code
38300
CBSA name
PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$16,334
$63,300
$302,100
$365,400
-
$63,300
$302,100
$365,400

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