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101 Mcgovern Blvd 3,176 SF 100% Leased Retail Building Crescent, PA 15046 $300,000 ($94.46/SF)


Investment Highlights
- Two renovated apartments are currently leased and generating income.
- Flexible B-2 zoning supports a variety of business uses.
- Commercial frontage provides visibility along Route 51.
- Garage door access accommodates loading and operational needs.
Executive Summary
101 McGovern Blvd presents an opportunity to acquire a mixed-use asset with both commercial and residential income components in Crescent, Pennsylvania. The property includes two residential apartments and a commercial space, creating diversified revenue potential for investors seeking a combination of stabilized income and future upside. Both apartment units have undergone substantial renovations, including new kitchens and bathrooms, and are currently leased, providing immediate cash flow.
The commercial component benefits from frontage along McGovern Boulevard (Route 51), a primary corridor serving the local market and connecting Crescent with surrounding communities throughout the Pittsburgh metropolitan area. A garage door supports loading and operational flexibility, while recent improvements, including new electrical feeds to the sign pole and a new gas line to the building, contribute to the property's functionality and visibility. Flexible B-2 zoning supports a range of potential commercial uses, including retail and office occupancy.
Located within Moon/Crescent Township, the property offers convenient access to regional transportation routes, nearby residential neighborhoods, and employment centers associated with the greater Pittsburgh market. The combination of renovated residential units, an income-producing commercial space, off-street parking, and commercial visibility creates a well-rounded investment profile suitable for both owner-users and investors seeking a mixed-use asset with existing tenancy and future leasing flexibility.
The commercial component benefits from frontage along McGovern Boulevard (Route 51), a primary corridor serving the local market and connecting Crescent with surrounding communities throughout the Pittsburgh metropolitan area. A garage door supports loading and operational flexibility, while recent improvements, including new electrical feeds to the sign pole and a new gas line to the building, contribute to the property's functionality and visibility. Flexible B-2 zoning supports a range of potential commercial uses, including retail and office occupancy.
Located within Moon/Crescent Township, the property offers convenient access to regional transportation routes, nearby residential neighborhoods, and employment centers associated with the greater Pittsburgh market. The combination of renovated residential units, an income-producing commercial space, off-street parking, and commercial visibility creates a well-rounded investment profile suitable for both owner-users and investors seeking a mixed-use asset with existing tenancy and future leasing flexibility.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,176 SF
Building Class
C
Year Built
1920
Price
$300,000
Price Per SF
$94.46
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.45
Lot Size
0.16 AC
Zoning
B-2
Parking
5 Spaces (1.57 Spaces per 1,000 SF Leased)
Frontage
Somewhat walkable
20/100
Exceptionally drivable
90/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 0702-C-00229-0000-00 | Improvements Assessment | $117,200 |
| Land Assessment | $21,400 | Total Assessment | $138,600 |
Property Taxes
Parcel Number
0702-C-00229-0000-00
Land Assessment
$21,400
Improvements Assessment
$117,200
Total Assessment
$138,600
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101 Mcgovern Blvd
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