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1 Zia Maria Way 12,400 SF 100% Leased Retail Building Connellsville, PA 15425 $349,000 ($28.15/SF)
Investment Highlights
- Near Allegheny Passage Hike & Bike Trail. Boasting 12,400 Sq Ft & on .49 Acre
- Fully equipped for a restaurant, bakery, or coffee shop, featuring a dining room, & private event space
- Mixed-use commercial & residential building
- Outfitted with a drive-thru.
Executive Summary
An incredible business opportunity in the heart of Connellsville, just a short distance from the Allegheny Passage Hike & Bike Trail. Boasting 12,400 Sq Ft & on .49 Acres, this rare mixed-use commercial & residential building serves a large community, many within walking distance. Income-generating potential includes an apartment & second-floor office spaces, both with separate entrances. The main level is fully equipped for a restaurant, bakery, or coffee shop, featuring a dining room, private event space, drive-thru, commercial ovens, service counters, & updated bathrooms. A covered front porch & open patio seating are popular with bikers. Additional highlights include bakery cases, a large parking lot, & walk-in coolers/freezers with racking. With gorgeous updates, this prime property is a high-traffic investment opportunity.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
12,400 SF
Building Class
C
Year Built/Renovated
1950/2018
Price
$349,000
Price Per SF
$28.15
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.57
Lot Size
0.50 AC
Opportunity Zone
Yes
Zoning
C - Commercial & Residential
Parking
12 Spaces (0.97 Spaces per 1,000 SF Leased)
Amenities
- Drive Thru
Moderately walkable
70/100
Moderately drivable
70/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 05-06-0372 | Improvements Assessment | $71,400 |
| Land Assessment | $11,550 | Total Assessment | $82,950 |
Property Taxes
Parcel Number
05-06-0372
Land Assessment
$11,550
Improvements Assessment
$71,400
Total Assessment
$82,950
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1 Zia Maria Way
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