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421-427 Freeport St 8,200 SF Retail Building New Kensington, PA 15068 $249,000 ($30.37/SF)
INVESTMENT HIGHLIGHTS
- Vacant professionally remediated shell with existing utilities—ready for efficient, low-cost build-out
- C-2 zoning supporting a wide range of uses, including retail, restaurant (no drive-thru), medical, office, fitness, and service concepts
- Former national retailer location within a high-traffic neighborhood corridor—ideal for repositioning in a growing commercial market
- 108’ of Freeport Street frontage, strong visibility, and 18 surface parking spaces
- Efficient single-story footprint suitable for owner-users, franchise operators, value-add investors, or multi-tenant subdivision
- Utilities remain in place, reducing redevelopment time and cost
EXECUTIVE SUMMARY
SVN Three Rivers Commercial Advisors is pleased to present 421–427 Freeport Street, an 8,200 SF freestanding commercial building for sale in the heart of New Kensington’s C-2 General Commercial District. Formerly a national retailer, the property is now a clean, open shell ready for immediate buildout—ideal for investors, owner-users, or franchise operators seeking strong visibility and an established retail corridor.
Situated on 0.41 acres with 108 feet of frontage, the site offers 18 dedicated parking spaces, efficient floorplate flexibility, and full municipal utilities. C-2 zoning permits a wide range of uses, including retail, restaurant (no drive-thru), medical, fitness, office, and service concepts. With steady retail demand, limited supply of standalone buildings, and a growing submarket, 421–427 Freeport Street provides an affordable, adaptable opportunity for single-user occupancy, value-add repositioning, or small-format multi-tenant conversion.
Situated on 0.41 acres with 108 feet of frontage, the site offers 18 dedicated parking spaces, efficient floorplate flexibility, and full municipal utilities. C-2 zoning permits a wide range of uses, including retail, restaurant (no drive-thru), medical, fitness, office, and service concepts. With steady retail demand, limited supply of standalone buildings, and a growing submarket, 421–427 Freeport Street provides an affordable, adaptable opportunity for single-user occupancy, value-add repositioning, or small-format multi-tenant conversion.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,200 SF
Building Class
C
Year Built/Renovated
1940/2007
Price
$249,000
Price Per SF
$30.37
Tenancy
Single
Building Height
1 Story
Building FAR
0.46
Lot Size
0.41 AC
Opportunity Zone
Yes
Zoning
C-2 - C-2
Parking
18 Spaces (2.2 Spaces per 1,000 SF Leased)
Frontage
108’ on Freeport St
AMENITIES
- Bus Line
- Security System
- Tenant Controlled HVAC
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 24-05-04-0-066 | Improvements Assessment | $45,830 |
| Land Assessment | $12,380 | Total Assessment | $58,210 |
PROPERTY TAXES
Parcel Number
24-05-04-0-066
Land Assessment
$12,380
Improvements Assessment
$45,830
Total Assessment
$58,210
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421-427 Freeport St
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