1482 Butler RdWorthington, PA 16262
- Office properties
- 4,981 SF
Property Details for 1482 Butler Rd
- Year built
- 1981
- Lot size
- 1.57 AC
- Property size (Sq ft)
- 4,981 SF
- Property type
- Office properties
- Property subtype
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
FAQs
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