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Listed by CENTURY 21 AMERICAN HERITAGE
$ 1,600,000
Est. payment /mo
Active Under Contract
2803 Leechburg Rd Lower Burrell, PA 15068
1.71 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 1723115
HOA Y/N No
Annual Tax Amount $29,279
Lot Size 1.710 Acres
Acres 1.71
Property Sub-Type Retail
Property Description
The property consists of two separate buildings situated on a 1.71-acre site with 167 parking spaces. The main shopping plaza is approximately 19,770 SF with 200 feet of road frontage on desirable Leechburg Road in the heart of Lower Burrell. The rear building 2,150 SF is a well-established restaurant/lounge with two second floor apartments above the restaurant that could be rented if renovated. All tenants pay for utilities (electric, gas, water, sewer, trash and telephone) and janitorial. The property has been almost 100% occupied for the past 5 years. There is also a side lot in the back that could be developed for other out buildings or additional parking. GOI of $184,320 with NOI of $143,725.
Location
State PA
County Westmoreland
Area Lower Burrell
Zoning C2
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Road Frontage City Street
Total Parking Spaces 167
Building
Structure Type Brick,Frame
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