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Investment Highlights

  • Riverfront and river-view vacant parcels positioned along the Allegheny River in Verona, Pennsylvania.
  • Site is located near Verona and Oakmont amenities, including riverfront dining, recreation, breweries, and country clubs.
  • Assemblage of multiple buildable lots zoned R-2, permitting multifamily residential development such as townhomes, duplexes, or condominiums.
  • Convenient access to PA Route 28 provides connectivity to downtown Pittsburgh and surrounding regional employment centers.

Executive Summary

Riverfront and river-view buildable lots available in vibrant Verona, PA. Multiple vacant parcels are offered as part of a larger assemblage, providing an excellent opportunity for residential development along the Allegheny River. The site is zoned R-2, allowing for multifamily construction, including townhomes, duplexes, or condominium projects. Architectural drawings, conceptual site plans, and modular home designs are available upon request. Convenient location close to Verona and Oakmont amenities, like riverfront dining, yoga, breweries, country clubs, and more! With easy access to PA-28 and downtown Pittsburgh. Ideal for developers or investors seeking a riverfront project with strong potential. Additional parcels and full development package available upon request.

Property Facts

Price $824,911 CAD
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.45 AC
Opportunity Zone Yes
Zoning R-2

1 Lot Available

Lot

Price $824,911 CAD
Price Per AC $1,833,135.17 CAD
Lot Size 0.45 AC

Five total building lots: 3 with Allegheny River access and associated riparian rights and 4 lots across Penn Street for additional development.

Description

Riverfront and river-view buildable parcels located in Verona, Pennsylvania, offered as a multi-lot assemblage along the Allegheny River. Zoned R-2 for multifamily residential development, including townhomes, duplexes, or condominiums. Convenient to Verona and Oakmont amenities with access to PA Route 28 and downtown Pittsburgh, and nearby riverfront recreational and dining.

Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Somewhat bikeable
30/100
  • Listing ID: 32154723

  • Date on Market: 2024-06-16

  • Last Updated:

  • Address: 532 Penn St, Verona, PA 15147

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