1109-1115 Arlington Ave - Warehouse FOR SALE


Pittsburgh, PA 15203- Allentown
$360,000 USD
412-535-5756
1109-1115 Arlington Ave, Pittsburgh, PA for Sale
$360,000 USD
Warehouse - FOR SALE
1/3
null | 12.2% Cap Rate

1109-1115 Arlington Ave
Pittsburgh, PA 15203
Allentown


HIGHLIGHTS

  • Meaningful Value-add Opportunity through addressing deferred maintenance, leasing up vacancies, and utilizing additional land.
  • 158 Storage Units
  • Solid structure with great bones
  • Fully Sprinklered, hardwire alarm's, security system w/cameras

OVERVIEW

SVN Three Rivers Commercial Advisors is please to present for Sale this 158 unit urban self storage facility located at 1109 Arlington Avenue in Pittsburgh, Pennsylvania. This 3-story building features a freight elevator, 1 drive in door, and 3 dock height doors. The freight elevator servicing this property broke down in December of 2022 and needs to be fixed, ownership has stopped accepting new leases in the meantime. The estimated cost to fix the elevator is $100k and has been factored into the asking price.

FOR SALE DETAILS

PRICE

$360,000 USD

PRICE/SF

$12 USD /SF

CAP RATE

12.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1109 Arlington Self-storage

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

4

DRIVE INS

1

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.87

LAND SF

37,800

ZONING

-

APN/PARCEL ID

0014-B-00392-0000-00,0014-B-00395-0000-00,0014-C-00165-0000-00

ASK ABOUT THIS PROPERTY

Jason CampagnaSVN - Three Rivers Commercial AdvisorsMore Info
412-535-5756

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Jason CampagnaSVN - Three Rivers Commercial AdvisorsMore Info
412-535-5756

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