12245 Frankstown Rd - Office/Residential FOR SALE


Penn Hills, PA 15235
$450,000 USD
412-266-2507
12245 Frankstown Rd, Penn Hills, PA for Sale
$450,000 USD
Office/Residential - FOR SALE
1/19
null | Request Cap Rate

12245 Frankstown Rd
Penn Hills, PA 15235


HIGHLIGHTS

  • 40,000 sq. ft of available retail, office, mixed use space or entertaining space
  • Solid large two story brick building with plenty of parking.
  • High traffic road (20,000 Avg/day) with easy quick access to Parkway East and minutes to downtown Pittsburgh and PA Turnpike
  • Three bus stops outside on a main road in Pittsburgh PA
  • Well lite beautiful looking building at night

OVERVIEW

Location, location, location! Purchase this great building located in the East Suburbs of Pittsburgh, PA. Great opportunity for business owners or investors to re-purpose this solid brick multi-floor building. Four parcels are included in the sale. One parcel with a building and three large parking lots on three separate parcels with 80+ parking spaces. Fantastic location on high traffic (20,000 Average Vehicles Per Day) Frankstown Road in Penn Hills. Back road entrance on Springdale Dr. Repurpose offices, 1st floor store fronts, self-storage, garage repair shop, entertainment, retail, restaurant, daycare, etc. Three floors elevator in building. Council chambers area (50 ft x 31 ft) located on far right of building can be a great restaurant, small theater, etc. Create entertainment space with 9 jail cells (6 ft x 9 ft) such as an escape room, restaurant with booths with jail theme, etc. There is an indoor shooting range to create entertainment area or a retail area for fire arms and practice gun range. Create a micro brewery with entertainment. Lower level has garage area (51 ft x 30 ft) with two 10 ft garage doors for auto detailing or body shop, car sales and lease, mechanics, storage, etc. Many office areas on several floors can be divided off to to suited tenants. Subdivide to lease to multiple businesses. Great investment opportunity for the creative visionary investor!

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$11 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

PENN HILLS MUNICIPAL BUILDING

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Auto Dealership, Storefront Retail/Residential, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1939

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

1.48 AC

LAND SF

64,469 SF

ZONING

Commercial

APN/PARCEL ID

0449-D-00043-0000-00

ASK ABOUT THIS PROPERTY

Susan PittmanKW CommercialMore Info
412-266-2507

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Susan PittmanKW CommercialMore Info
412-266-2507

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.