113 Grant AveVandergrift, PA 15690

  • Commercial real estate
  • 0.22 AC
For Sale
$165,000 View listing

Property Details for 113 Grant Ave

Lot size
0.22 AC
Property type
Commercial real estate
APN
37-01-02-0-079
APU
3701020079

Description

This unique Vandergrift, PA property offers a delightful blend of commercial and residential potential. The main building, a beloved chocolate shop operating since 1947, features three interconnected storefronts currently used as a single business but easily adaptable into three separate commercial spaces. The shop boasts a charming interior with display cases, a soda fountain counter with swivel seating, and booth and table seating in the dining area. The property also includes a side parking lot and benefits from ample on-street parking. Upstairs, two apartments present a significant opportunity for renovation and income generation. The 0.22-acre lot is situated in the heart of historic downtown Vandergrift, providing excellent visibility and access to local foot traffic. This turnkey business, with its rich history and established customer base, presents a rare chance to acquire a well-loved community landmark. The existing infrastructure and layout offer immediate operational capabilities, while the residential units above provide a substantial avenue for future expansion and increased revenue streams. The property's location in a vibrant downtown area ensures strong potential for continued success and growth. This is a truly exceptional opportunity for an investor or entrepreneur seeking a unique and established business with significant upside potential. The property is priced at $165,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,288,746
    Hospitality
    $2,096,479
    Educational
    $1,744,246
    Medical
    $1,804,233
    Retail
    $2,713,272

Location Insight

City
Vandergrift
County
Westmoreland
State
Pennsylvania
Latitude
40.604
Longitude
-79.5638
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
$4,255
$15,670
$12,150
$27,820
-
$15,670
$12,150
$27,820

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