100 Ross St - Office FOR SALE


Pittsburgh, PA 15219- The Point
$3,750,000 USD
724-825-3137
100 Ross St, Pittsburgh, PA for Sale
$3,750,000 USD
Office - FOR SALE
1/27
null | 9.96% Cap Rate

100 Ross St
Pittsburgh, PA 15219
The Point


HIGHLIGHTS

  • 100 Ross Street is a 5-story Office building located in Downtown Pittsburgh

OVERVIEW

SVN | Three Rivers Commercial Advisors is pleased to present this rare opportunity to purchase a 5-story office building in the heart of Downtown Pittsburgh. The property offers an attractive combination of in-place revenues, a strong tenant roster, and a tremendous upside for the future owner. 100 Ross Street is an office building comprised of 53,056 square feet with street retail along the corner of Ross Street and First Avenue, with visibility to Grant Street and Boulevard of the Allies in Downtown Pittsburgh. The property was delivered in 1891 and renovated in 1995. The property has seen capital expenditures poured in over the years to improve items such as roofing, stairs, and elevators. LED lighting was installed throughout the building in 2018, and the building has ample natural light to illuminate the modern and sleek interior. The property’s ideal location offers access to and from the city via I-376 E, I-376 W, I-279 N, and the Smithfield Street Bridge, and it is within walking distance to Market Square, Station Square, and the Cultural District. 100 Ross Street in Pittsburgh, Pennsylvania, presents a unique opportunity to acquire an unencumbered, renovated historic office building ideally situated in the heart of Downtown Pittsburgh with credible, long-standing tenants, strong cash flow, and immense upside

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$71 USD /SF

CAP RATE

9.96%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1891

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

GT-C

APN/PARCEL ID

0002-J-00244-0000-00

ASK ABOUT THIS PROPERTY

Jason CampagnaSVN - Three Rivers Commercial AdvisorsMore Info
724-825-3137

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Jason CampagnaSVN - Three Rivers Commercial AdvisorsMore Info
724-825-3137

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.