1809 Pine Hollow Road is a fully occupied mixed-use investment property in Kennedy Township with a McKees Rocks address, just minutes from Downtown Pittsburgh. The 5,000 SF building sits on 0.14 acres zoned C-1 Commercial. It includes a 1,100 SF ground-floor retail space leased to Triumphant Arts Tattoo and three residential apartments: a 1BR lower-level unit, a 1BR first-floor rear unit, and a 3BR second-floor unit.
The property generates $61,500 in gross annual rental income. After underwritten vacancy, repairs, management, and reserves, NOI is $41,890. That is a 9.11% cap rate at the $460,000 asking price.
The commercial tenant is under lease through 2028 and has two 5-year renewal options at escalating rents, which anchors the income for the long term.
Recent capital improvements include:
- New roof (2026)
- Substantial siding replacement (2026)
- Full commercial buildout with new plumbing, electrical, flooring, and mini-split HVAC (2024)
- Renovated residential units
All units currently run on gross leases, with the landlord paying utilities. A new owner can look at separating utilities on the residential units as they renew or turn over, which adds NOI upside.
The site has 10 dedicated parking spaces across the front retail lot and a private rear lot. It sits on a 9,323 VPD corridor with easy access to I-79, the 376 Parkway, and nearby retail centers including Kenmawr Plaza and Kennedy Square Plaza.
Full financials, rent roll, and tenant details are available with an executed confidentiality agreement.