Price $450,000 No. Stories 3
Sale Type Owner User Year Built 1940
Property Type Retail Parking Ratio 10/1,000 SF
Property Sub-type
Restaurant

More…

 Clear Ceiling Height 9 FT
Building Class B Zoning Description CommunityScale Commercial
Lot Size 1.06 AC APN / Parcel ID 230-S1-12F4-0000
Gross Leasable Area 3,800 SF
  • Listing ID: 15198838
  • Date Created: 2/16/2019
  • Last Updated:

DESCRIPTION

1.06 Acres – Reuse existing building or build new with plenty of room for required set-back. New level parking lot constructed in 2017. Just 1.5 miles from 300 unit mixed-use Middlesex Crossing Development to the North. Less than 1 mile North of the Allegheny County-Butler County line. More than 20,000 vehicles per day. 200 feet of frontage on State Route 8. Community-Scale Commercial Zoning allows for flexible commercial use, not limited to current use or current structure. Seller is open to lease, land lease, and lease to purchase options.

HIGHLIGHTS

  • Over 20,000 Vehicles Per Day
  • 1.5 South of Middlesex Crossing Development in Butler County
  • Just North of Allegheny County line

SALE NOTES

Former Hoovers Restaurant available with improved parking lot that triples previous available parking and improved access to Route 8. Community Scale Commercial zoning in Middlesex Butler County permits flexible and multiple commercial uses.

TAXES & OPERATING EXPENSES (ACTUAL – 2019)

 ANNUAL ANNUAL PER SF
Taxes $2,400 0.63
Operating Expenses $4,000 1.05
Total Expenses $6,400 1.68

Property Features

  • 1.5 South of Middlesex Crossing Development in Butler County
  • Just North of Allegheny County line
  • Over 20000 Vehicles Per Day
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