1482 Butler RdWorthington, PA 16262

Property Details for 1482 Butler Rd

Year built

1981

Lot size

1.57 AC

Property size (Sq ft)

4,981 SF

Property type

Office buildings

APN

49-0-034233

APU

490034233

Description

This exceptional 1.57-acre commercial property at 1482 Butler Road in Worthington, PA, presents a unique investment opportunity. Previously used as a doctor's office, this adaptable building boasts excellent visibility and accessibility, situated directly on the main road and conveniently located off Route 422. Its proximity to Butler, Route 28, West Kittanning, and Downtown Kittanning ensures easy access for clients and employees. The property includes a substantial paved parking lot, providing ample space for vehicles. The building itself offers remarkable flexibility with two distinct sections, each featuring separate entrances and exits, internally and externally accessible. One area comprises a large open room complemented by two half-bathrooms. The second section is more extensively developed, encompassing ten individual rooms, a waiting area, a kitchen, and two full bathrooms – one of which is ADA compliant. This dual-space configuration allows for diverse uses, from expanding an existing business to creating a multi-tenant facility. The property's potential is further enhanced by the inclusion of all gas and mineral rights, adding significant value to this already compelling investment. This is a rare opportunity to acquire a well-situated, versatile commercial property with substantial potential in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $1,062,728

  6.5%

  $980,980

  7%

  $910,910

• Comparable approach

  Method

  Valuation

  Relative Method

  $508,745

  Geo Method

  $995,901

• Alternative Use

  Use

  Valuation

  Residential

  $1,216,415

  Hospitality

  $1,114,230

  Educational

  $927,026

  Medical

  $958,908

  Retail

  $1,442,041

Location Insight

City

Worthington

County

Armstrong

State

Pennsylvania

Latitude

40.8357

Longitude

-79.6173

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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