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This exceptional retail property, located at 501 Allegheny River Blvd in Verona, Pennsylvania, presents a compelling investment opportunity. The 2,300 square foot building, situated on a half-acre lot (23,622 sq ft), is currently 100% occupied, with the lease expiring May 31, 2024. Originally constructed in 1975 and renovated in 2005, this Class B building features a single unit with an open bay area, office space, showroom, and an 8-foot overhead door, making it suitable for a variety of uses including auto shops, quick-service restaurants, or storefronts. The property boasts excellent visibility and convenient access, situated in a high-traffic area. All public utilities are available. The asking price is $359,000, translating to $156.09 per square foot. This property offers significant potential for owner-users seeking a versatile space in a thriving market, serving a demographic of 152,000 people within a 5-mile radius. The Allegheny County location, with APN 0365-B-00178-0000-00, provides easy ingress and egress, maximizing exposure for any business. This is a rare opportunity to acquire a well-maintained, strategically located retail building in a high-demand area.
Highlights
High-visibility location with significant street frontage.
0.5-acre lot size.
Excellent access and convenient ingress/egress.
Property Details
for 501 Allegheny River Blvd
Property type
Other retail properties, Individual retail properties
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Contacts
Jim Schons
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Useful Information
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501 Allegheny River Blvd, Verona, Pennsylvania, 15147
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.