1107 Lowry AveJeannette, PA 15644

  • Other commercial real estate
  • 4,784 SF
For Sale
$350,000 View listing

Property Details for 1107 Lowry Ave

Year built
1965
Construction
CONCRETE
Lot size
0.64 AC
Property size (Sq ft)
4,784 SF
Property type
Other commercial real estate
APN
50-13-08-0-010
APU
5013080010

Description

This exceptional mixed-use property at 1107 Lowry Avenue in Jeannette, Pennsylvania, offers a unique investment opportunity. The 4,784 square foot building sits on a 0.63-acre lot in a high-traffic area of Westmoreland County, boasting excellent visibility. Currently, a portion of the building is generating income from an existing tenant, with potential for another tenant in the central area. The property includes ample office space, multiple bathrooms, and substantial upstairs storage that could be easily converted into a studio apartment. The building's versatile layout allows for flexible leasing options to accommodate various tenant requirements. Ranier's Compounding Laboratory is currently operating within the building. The asking price is $350,000, translating to $73.16 per square foot. This prime commercial property presents a compelling opportunity for investors seeking a blend of immediate income and future development potential in a thriving Pennsylvania community. The property's location in Jeannette, with its zip code 15644, ensures easy access to major transportation routes and a strong local customer base. This is a rare chance to acquire a substantial, income-generating property in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,303,306
    Hospitality
    $1,193,821
    Educational
    $993,245
    Medical
    $1,027,405
    Retail
    $1,545,048
1107 Lowry Ave, Jeannette, Pennsylvania

Location Insight

City
Jeannette
County
Westmoreland
State
Pennsylvania
Latitude
40.3153
Longitude
-79.6192
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
$11,964
$42,180
$59,870
$102,050
-
$42,180
$59,870
$102,050

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