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110-120 W 1st Ave
Parkesburg, PA 19365
Parkesburg Shopping Center · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Highly visible retail property with pylon signage on W 1st Ave, which sees traffic counts of over 6,000 vehicles per day.
  • International Paper is building a new facility in the area, creating 150 jobs.
  • Growing population: +4.1% within 1-mile and +2.5% within 3-miles.
  • Excellent opportunity for an investor to purchase a retail center with a strong anchor tenant, Planet Fitness, with 15 years remaining on the lease.
  • A new 31-unit multifamily development is under construction nearby.
  • Upside potential through lease-up of remaining 23,110 SF.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
53,200 SF
Building Class
C
Year Built/Renovated
1970/2021
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
7.70 AC
Zoning
C - Zoning generally refers to commercial zoning, which allows for various business activities such as retail stores, offices, and services.
Parking
630 Spaces (10 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-004-0092.0000
Land Assessment
$244,970
Improvements Assessment
$1,714,490
Total Assessment
$1,959,460
  • Listing ID: 25566179

  • Date on Market: 4/26/2022

  • Last Updated:

  • Address: 110-120 W 1st Ave, Parkesburg, PA 19365

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