718 Warren AveApollo, PA 15613

Property Details for 718 Warren Ave

Year built

1963

Lot size

0.04 AC

Property size (Sq ft)

1,217 SF

Zone code

HEAVY INDUSTRIAL

Property type

Bars

Property subtype

Pubs

APN

01-0-000559

APU

10000559

Description

This exceptional commercial property presents a rare investment opportunity in Apollo, PA. The main brick building, situated at 718 N Warren Ave, boasts a recently upgraded roof and electrical systems (2018 installation). Its strategic location offers unparalleled visibility and accessibility, benefiting from high traffic volume. The property's prime location provides easy access to recreational activities, including kayaking and the scenic Roaring Run Trail, attracting a diverse customer base. Beyond the main building, this offering includes three additional parcels, located at 722, 724, and 726 Warren Avenue, significantly expanding the potential for development or expansion. The combined property encompasses an impressive 162 feet of street frontage, providing maximum exposure for any business. The lot dimensions are substantial, measuring approximately 162' x 71' x 163' x 53', offering ample space for various commercial uses. This unique combination of prime location, upgraded infrastructure, and significant land area makes this an exceptional investment opportunity for discerning buyers seeking a high-traffic, riverfront location. The property is priced at $79,900 and sits on a 0.04-acre lot. This is a turnkey opportunity to establish or expand a thriving business in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $381,693

  6.5%

  $352,332

  7%

  $327,165

• Comparable approach

  Method

  Valuation

  Relative Method

  $313,238

  Geo Method

  $613,184

• Alternative Use

  Use

  Valuation

  Residential

  $297,205

  Hospitality

  $272,238

  Educational

  $226,499

  Medical

  $234,288

  Retail

  $352,332

Location Insight

City

Apollo

County

Armstrong

State

Pennsylvania

Latitude

40.5874

Longitude

-79.5663

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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