415 Warren AveApollo, PA 15613

  • Investment properties
  • 10,491 SF
For Sale
$35,000 View listing

Property Details for 415 Warren Ave

Year built
1900
Lot size
0.37 AC
Property size (Sq ft)
10,491 SF
Zone code
BUSINESS
Property type
Investment properties
Property subtype
Live-work space
APN
01-0-000446
APU
10000446

Description

This 0.384-acre commercial property, located at 415 N Warren Avenue in Apollo Boro, Pennsylvania, 15613, presents a unique redevelopment opportunity. The property, formerly an Eagles Club, is being sold "as is" and is currently vacant. The building itself offers significant square footage across two levels. The lower level features a finished bar area, complete with tin ceilings, a kitchen, men's and women's restrooms, a large meeting room, and ample storage space. The upper level boasts a large ballroom and several offices. The property's location is easily accessible, just across the Apollo Bridge, making it highly visible and convenient. The absence of a liquor license should be noted. This property is ideal for an investor seeking a project with significant potential for repurposing and renovation. The substantial existing building structure provides a solid foundation for a variety of commercial ventures. The asking price is $35,000. Serious inquiries are encouraged. Buyers are responsible for conducting their own due diligence.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,238,322
    6.5%
    $2,066,144
    7%
    $1,918,562
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,071,521
    Geo Method
    $2,097,570
  • Alternative Use

    Use
    Valuation
    Residential
    $2,562,018
    Hospitality
    $2,346,795
    Educational
    $1,952,506
    Medical
    $2,019,655
    Retail
    $3,037,231

Location Insight

City
Apollo
County
Armstrong
State
Pennsylvania
Latitude
40.5845
Longitude
-79.567
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
$3,559
$22,560
$14,000
$36,560
-
$64,470
$40,010
$104,480

FAQs

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