1202 Electric Ave - Flex FOR SALE


East Pittsburgh, PA 15112
$548,500 USD
412-906-4949
1202 Electric Ave, East Pittsburgh, PA for Sale
$548,500 USD
Flex - FOR SALE
1/15
null | Request Cap Rate

1202 Electric Ave
East Pittsburgh, PA 15112


HIGHLIGHTS

  • Highly Visible Commercial Building with Investment Income
  • Clean, Updated and Ready to Move Into
  • Very Well Maintained and Updated

OVERVIEW

HIGHLY VISIBLE MULTI USE COMMERCIAL BUILDING RETAIL, OFFICE, SHOP, APARTMENTS with EXCELLENT RENTAL HISTORY AREA DESCRIPTION Electric Avenue is an offshoot of Ardmore Blvd. (Route 30) In The Forest Hills Area. The Building is exposed and visible to Ardmore Traffic, a High Shopping area Commuter Road with Shopping Centers, Office Buildings and Banks in the immediate vicinity. Population is Good, with a wide Range of Income Levels. SITE SPECIFICATIONS 12,554 Square Foot Lot That Contains a 3 Story Brick Building With An Attached 2 Story Brick Commercial Garage BUILDING SPECIFICATIONS A 3 Story Building With 4200 Sq. Ft. Total. Offices, Showroom, Bathroom and Small Kitchen boasts 1710 Sq. Ft. (newly remodeled), 2565 Sq. Ft. High Ceiling Garage is 57’ x 45’ and Separate Workroom with Shop Bathroom, tons of Storage Space. The 2nd & 3rd (1710 Sq. Ft. each) have 2 Apartments Each with Stable Tenants in (800 Sq. Ft.) Apartments provide stable monthly income. Building has been well maintained and updated; List of Improvements Include: New LED Shop Lights, Repainted Interior and Exterior, Brick Repointed, Shop Floor Blast Tracked installed Aliphatic Coating System, Glass Block Windows, Garage Door Opener, Hard Wired Security Camera & Emergency Lighting, Front Landscaping, Water Heaters & AC Unit, Architecturally Designed Office with New Electric Panel Box, Bamboo Flooring, Custom Accent Lighting and Sunshade Custom Blinds, Huebsch Coin Op Laundry Machines, New Water & Gas Service Lines, etc. Entire List of Updates will be provided upon request. Call Luke for property details and schedule a tour of this investment property 412-906-4949. Realtors Welcome. TAXES $1680.60 Borough Tax (2025) $4124.84 Woodland Hills School (2025)

FOR SALE DETAILS

PRICE

$548,500 USD

PRICE/SF

$77 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Former Markantone Painting Office / Shop

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1940

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29

LAND SF

12,632

ZONING

Commercial

APN/PARCEL ID

0374-K-00078-0000-00

ASK ABOUT THIS PROPERTY

Luke MarkantoneLucas MarkantoneMore Info
412-906-4949

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Luke MarkantoneLucas MarkantoneMore Info
412-906-4949

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