New Kensington, PA 15068 2803 Leechburg Rd
$1,600,000
7 more
Presented By: CENTURY 21 AMERICAN HERITAGE
Garage • 167
Home Details
The property consists of two separate buildings situated on a 1.71-acre site with 167 parking spaces. The main shopping plaza is approximately 19,770 SF with 200 feet of road frontage on desirable Leechburg Road in the heart of Lower Burrell. The rear building 2,150 SF is a well-established restaurant/lounge with two second floor apartments above the restaurant that could be rented if renovated. All tenants pay for utilities (electric, gas, water, sewer, trash and telephone) and janitorial. The property has been almost 100% occupied for the past 5 years. There is also a side lot in the back that could be developed for other out buildings or additional parking. GOI of $184,320 with NOI of $143,725.
Presented By: CENTURY 21 AMERICAN HERITAGE
General for 2803 Leechburg Rd
Additional Parcels Y/NNo
Attached Garage No
Business NameKeystone Plaza PKP LLC
Business TypeRetail
Carport Y/NNo
CityLower Burrell
Construction MaterialsBrick, Frame
CountyWestmoreland
DirectionsRoute 56 to left on Leechburg Road
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Insurance Expense6000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size UnitsAcres
MLS AreaLower Burrell
MLS Area MinorLower Burrell
MaintenanceExpense7500.0
MobileHomeRemainsYNNo
ModificationTimestamp2025-10-08T14:04:27.467-00:00
Net Operating Income141541.0
New ConstructionNo
Occupancy TypeTenant
PostalCityNew Kensington
Property Sub Type AdditionalRetail
Property SubtypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActiveUnderContract
StatusContingent
Tax Annual Amount29279.0
Tax Assessed Value167030
UtilitiesElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable
Virtual TourClick here
ZoningC2
Zoning DescriptionC2
Interior for 2803 Leechburg Rd
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Baths0
Exterior for 2803 Leechburg Rd
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions1.71
Lot Size Acres1.71
Lot Size Area1.71
Road Frontage TypeCityStreet
SpaNo
Total Parking167.0
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
