1135 Penn Ave - Storefront Retail/Office FOR SALE


Pittsburgh, PA 15222- Cultural District
$600,000 USD
412-720-7123
1135 Penn Ave, Pittsburgh, PA for Sale
$600,000 USD
Storefront Retail/Office - FOR SALE
1/4
null | Request Cap Rate

1135 Penn Ave
Pittsburgh, PA 15222
Cultural District


OVERVIEW

DETAILED UPDATES FORTHCOMING! This 4-story commercial building with full basement and freight elevator provides a buyer/investor/user with transformative license to create a masterpiece for commercial and/or residential conversion. With this building's historic character and solid masonry/heavy concrete construction (circa late 1880's) and dimensions of 24' W x 100' D with 12" thick walls and 8" thick floor deck; 10' beam spacing and expansive floor plates, the Buyer could offer the end-user with unlimited possibilities for boutique hotel, condo living, and office/retail uses. Each floor is approximately 2,400 RSF (1,850 USF). Zoned GT-B "Golden Triangle Subdistrict B" which provides for high-density office, retail, cultural, as well as residential/multi-unit uses permitted. Located ideally between the Cultural District, Convention Center, and the entrance to the Strip District, providing tremendous value in these growing neighborhoods and directly across from the Grant Street Transportation Center including public parking garage and Amtrak Train Station.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$63 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Bar, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,400 SF

ZONING

GT-B

APN/PARCEL ID

0009-K-00062-0000-00

ASK ABOUT THIS PROPERTY

Angela GillotPiatt CompaniesMore Info
412-720-7123

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Angela GillotPiatt CompaniesMore Info
412-720-7123

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