4905 Penn Ave - Storefront FOR SALE


Pittsburgh, PA 15224- Garfield
$645,000 USD
412-535-8062
4905 Penn Ave, Pittsburgh, PA for Sale
$645,000 USD
Storefront - FOR SALE
1/3
null | 7.03% Cap Rate

4905 Penn Ave
Pittsburgh, PA 15224
Garfield


HIGHLIGHTS

  • Retail investment building
  • Tenant is on a 10 year lease with 12% rent increase in year five
  • Prime Bloomfield location
  • Located in close proximity to the West Penn & UPMC Children's Hospital
  • 10,580 Vehicles Per Day on Penn Ave
  • 20' of frontage on Penn Ave

OVERVIEW

SVN Three Rivers Commercial Advisors is pleased to present for sale this retail investment property at 4905 Penn Ave in Pittsburgh's Bloomfield neighborhood. This 1,900 SF building offers 20' of frontage on Penn Ave with ample visibility and traffic. The retail restaurant space is leased to Wings Over with a 10 year lease term remaining.

FOR SALE DETAILS

PRICE

$645,000 USD

PRICE/SF

$379 USD /SF

CAP RATE

7.03%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

LNC

APN/PARCEL ID

0050-K-00313-0000-00

ASK ABOUT THIS PROPERTY

Andreas KamouyerouSVN - Three Rivers Commercial AdvisorsMore Info
412-535-8062

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Andreas KamouyerouSVN - Three Rivers Commercial AdvisorsMore Info
412-535-8062

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