879 Freeport Rd - Medical FOR SALE


Creighton, PA 15030
$445,000 USD
724-759-5164
879 Freeport Rd, Creighton, PA for Sale
$445,000 USD
Medical - FOR SALE
1/4
null | Request Cap Rate

879 Freeport Rd
Creighton, PA 15030


HIGHLIGHTS

  • 44,000 Square Foot Office Building Situated on 1.58 acres of land
  • Property Zoned for Commercial Use - Potential Reposition or Redevelopment Opportunity for Incoming Investor
  • Approximately 110 parkings paces plus an additional lot adjacent to the building that can be leased from the Township
  • Previous use was for Office Building, Banquet Hall, Convention Center, and Catering Facility
  • Updated mechanicals and electrical and newer elevator
  • Excellent signage on Freeport Rd and exit ramp

OVERVIEW

SVN Three Rivers Commercial Advisors is pleased to present a unique opportunity to acquire or lease a 44,000 square foot mixed use building that sits on 1.58 acres of land directly on Freeport Road and right next to the Creighton exit of Route 28. Once a well established and long running banquet hall, office building, catering facility and convention center, this property has a multitude of different uses. Ideal for a mixed use redevelopment. 1st floor completely updated with large open rooms, high ceilings and offices. 2nd floor and basement can be remodeled and used for office, storage or possible multi family Property Zoned for Commercial Use - Potential Reposition or Redevelopment Opportunity for Incoming Investor. Approximately 110 parking spaces plus an additional lot adjacent to the building that can be leased from the Township. Updated mechanicals and electrical and newer elevator. Subject property has immediate access to Allegheny Valley Expressway (PA 28) which is a 98 mile highway which runs from Pittsburgh through Brockway - Traffic Counts of 41,559 VPD+/-. Crawford Run Road and Freeport Road provides combined traffic counts of $19,000 VPD+/-. Population within a 5 Mile Radius Exceeds 71,237 People. Household Income within a 3-Mile Radius: $61,070.

FOR SALE DETAILS

PRICE

$445,000 USD

PRICE/SF

$10 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

110

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

C

APN/PARCEL ID

0960-J-00085-0000-00,0960-N-00310-0000-00,0960-N-00330-0000-00

ASK ABOUT THIS PROPERTY

Garrett CheranSVN | Three Rivers Commercial AdvisorsMore Info
724-759-5164

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Garrett CheranSVN | Three Rivers Commercial AdvisorsMore Info
724-759-5164

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