Bought with AEGIS REALTY PARTNERS INC
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2544 Library Rd Castle Shannon, PA 15234
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Key Details
Sold Price $337,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1644335
Sold Date 12/01/24
HOA Y/N No
Annual Tax Amount $11,250
Lot Size 0.765 Acres
Acres 0.7653
Property Sub-Type Retail
Property Description
REDEVELOPMENT OR VALUE-ADD OPPORTUNITY TO OWN A MIXED-USE 2-STORY INVESTMENT PROPERTY THAT IS SURE TO DELIVER SIGNIFICANT RETURNS. THIS PROPERTY BOASTS NUMEROUS RECENT UPDATES, INCLUDING RENOVATED SECOND-FLOOR SPACES, RESURFACED PARKING LOT, FRESH EXTERIOR PAINTING AND LANDSCAPING.
THE PROPERTY FEATURES MULTIPLE RETAIL AND OFFICE FLEX SPACES, ALL OF WHICH HAVE UNDERGONE UPDATING TO ENSURE MAXIMUM OCCUPANCY RATES. CURRENTLY, THE PROPERTY IS OCCUPIED BY LONG-TERM TENANTS WHO ARE ON SHORT-TERM LEASES, ALLOWING FOR FLEXIBILITY IN MANAGEMENT AND LEASING STRATEGIES, OR A POTENTIAL SITE REDEVELOPMENT.
THIS VALUE-ADD OPPORTUNITY IS PERFECT FOR INVESTORS LOOKING FOR AN UPSIDE FOR LEASING AND TENANT REPOSITIONING.
LEARN MORE ABOUT THIS EXCITING INVESTMENT OPPORTUNITY!
Location
State PA
County Allegheny-south
Area Castle Shannon
Zoning HC
Interior
Interior Features InteriorFeatures
Fireplace No
Others
Financing Cash
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