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REAL of Pennsylvania

Historic Redevelopment Opportunity In McKees Rocks, Pennsylvania For Sale

Pennsylvania, US
Asking Price:
$995,000
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

Rare opportunity to acquire the historic former Miles Bryan School, a landmark redevelopment property situated within an Opportunity Zone in McKees Rocks, Pennsylvania. Set on 4.9 acres with approximately 63,000 square feet of space, this property offers exceptional redevelopment potential for investors, developers, or owner-operators.

Originally constructed in 1927, the building served as a high school until 1966 before becoming a middle school until 1997. Since acquisition by the current owner, more than $700,000 has been invested in improvements, including the installation of over 2,500 glass block windows, removal of third-floor ceiling panels, plaster removal in the auditorium, and multiple silicone roof coatings. The elevated site enjoys impressive views of the Pittsburgh skyline and features attractive terraced grounds within a mature residential neighborhood where new housing is in strong demand.

The property is ideally suited for a wide range of redevelopment projects, including apartments, senior living, educational facilities, daycare, community centre, church, recreation centre, mixed-use development, or other permitted uses, subject to approvals. Located within a federally designated Opportunity Zone, the property may also provide attractive tax advantages for qualifying investors. Seller financing is available.

This is an outstanding opportunity to transform a historic landmark into a high-value redevelopment project. Enquire today for further information.

Property Information

Real Estate:

Real Property Included

Premises Details:

Historic former school building comprising approximately 63,000 sq ft on a 4.9-acre site. Single building with two storeys (plus partial upper level). Renovation works completed between 2019 and 2022, including roof improvements and substantial interior preparation for redevelopment.

Size in square feet:
63,000 sq ft
Planning Consent:

Zoning: R-2 Residential (Two Family)

Business Operation

Expansion Potential:

Suitable for redevelopment into apartments, senior living, community centre, school, daycare, church, recreation centre, mixed-use development, or other approved uses.

Years established:
Originally built in 1927