112 Third Ave - Office FOR SALE


Carnegie, PA 15106
$1,798,000 USD
724-759-5164
112 Third Ave, Carnegie, PA for Sale
$1,798,000 USD
Office - FOR SALE
1/21
null | 8.65% Cap Rate

112 Third Ave
Carnegie, PA 15106


HIGHLIGHTS

  • 8.7% Cap rate & 4 current tenants with in place NOI of $155,580
  • 2 - story building with elevator; 1st floor space available of approximately 2,200 SF
  • Paid parking lot in the back, tenants cover their own parking (landlord has no parking maintenance fees)
  • 2 onsite parking spaces
  • First floor patio space
  • No deferred maintenance

OVERVIEW

SVN Three Rivers Commercial Advisors is pleased to present for sale a well-maintained, 87% leased traditional office and medical office building at 112 3rd Avenue in Carnegie, PA. The building offers approximately 17,343 SF of GBA on 0.25 acres. This two-story, ADA-accessible property features 4 tenants and is supported by newer leases, delivering strong cash flow from day one—while still offering additional space to lease and further maximize value. Situated in a highly convenient part of Carnegie, just steps from downtown, you’ll enjoy easy access to restaurants, coffee shops, and shopping. With quick connectivity to I-79 and I-376, commuting throughout Pittsburgh and the surrounding area is simple and efficient.

FOR SALE DETAILS

PRICE

$1,798,000 USD

PRICE/SF

$99 USD /SF

CAP RATE

8.65%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

C

APN/PARCEL ID

0103-R-00200-0000-00

ASK ABOUT THIS PROPERTY

Garrett CheranSVN | Three Rivers Commercial AdvisorsMore Info
724-759-5164

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Garrett CheranSVN | Three Rivers Commercial AdvisorsMore Info
724-759-5164

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