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Penn Hills Lock & Door 472 Wildwood Ave 7,250 SF 46% Leased Retail Building Verona, PA 15147 $310,000 ($42.76/SF)
Investment Highlights
- Listed for sale and for lease.
- Positioned in a high-visibility corridor with commercial zoning.
- Flexible floor plan suitable for retail, office, or mixed-use concepts.
- Opportunity for value-add improvements and lease restructuring.
Executive Summary
This mixed-use property at 472 Wildwood Avenue offers a compelling investment or owner-user opportunity in a high-visibility corridor of Pittsburgh. The 6,975 ± SF building features a flexible layout with multiple street-level retail spaces and a two-bedroom residential unit, providing diversified income potential. Current tenants offer in-place income, while vacancies and month-to-month leases create upside through lease restructuring and value-add improvements.
The property benefits from strong frontage, ample on-site parking, and B2 Community Business zoning, making it suitable for a variety of commercial uses. Its location provides convenient access to Verona, Oakmont, and Penn Hills business districts, as well as major routes including the PA Turnpike and Route 28. This asset is well-positioned for repositioning or long-term hold, appealing to investors seeking stable returns and future growth potential.
The property benefits from strong frontage, ample on-site parking, and B2 Community Business zoning, making it suitable for a variety of commercial uses. Its location provides convenient access to Verona, Oakmont, and Penn Hills business districts, as well as major routes including the PA Turnpike and Route 28. This asset is well-positioned for repositioning or long-term hold, appealing to investors seeking stable returns and future growth potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,250 SF
Building Class
C
Year Built
1978
Price
$310,000
Price Per SF
$42.76
Percent Leased
46%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.29
Lot Size
0.58 AC
Zoning
c-1 - Commercial
Parking
26 Spaces (3.59 Spaces per 1,000 SF Leased)
Frontage
200’ on Wildwood Ave
Amenities
- Bus Line
- Corner Lot
- Mezzanine
- Signage
- Tenant Controlled HVAC
- Storage Space
- Recessed Lighting
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Former salon space
- B
- 1,850 SF
- Office/Retail
- -
- 30 Days
Rear storage or spare space
| Space | Size | Space Use | Position | Available |
| A | 2,650 SF | Retail | In-Line | Now |
| B | 1,850 SF | Office/Retail | - | 30 Days |
| D | 1,260 SF | Office/Retail | - | Now |
A
| Size |
| 2,650 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
B
| Size |
| 1,850 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| 30 Days |
D
| Size |
| 1,260 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
A
| Size | 2,650 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Former salon space
D
| Size | 1,260 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Rear storage or spare space
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $241,200 | |
| Land Assessment | $67,900 | Total Assessment | $309,100 |
Property Taxes
Parcel Numbers
Land Assessment
$67,900
Improvements Assessment
$241,200
Total Assessment
$309,100
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Penn Hills Lock & Door | 472 Wildwood Ave
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