606 Evans St - Retail FOR SALE


Mckeesport, PA 15132- McKeesport-White Oak
$152,500 USD
412-969-3584
606 Evans St, Mckeesport, PA for Sale
$152,500 USD
Retail - FOR SALE
1/4
null | 13.73% Cap Rate

606 Evans St
Mckeesport, PA 15132
McKeesport-White Oak


HIGHLIGHTS

  • Investment opportunity with an impressive 13.73% Cap Rate!
  • Stable income (long-term 2nd floor tenant). 3-year 1st floor commercial lease.

OVERVIEW

Welcome to this fabulous investment opportunity located directly across from UPMC hospital in the east suburbs of Pittsburgh. This property presents a significant opportunity for cash flow, supported by its impressive 13.73% cap rate. The first-floor commercial space currently functions as a convenience store with a 3-year lease in place at $1100 per month, ending in December of 2027. On the second floor is a 2-bedroom apartment occupied by a long-term tenant paying $900 per month. Both tenants pay for all utilities including gas, electricity, water, and sewage. Recent updates include a new 50-year rubber roof (installed February 2025) and a new first-floor HVAC system and hot water tank.

FOR SALE DETAILS

PRICE

$152,500 USD

PRICE/SF

$72 USD /SF

CAP RATE

13.73%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

C-5 Com

APN/PARCEL ID

0307-M-00194-0000-00

ASK ABOUT THIS PROPERTY

Lori KashellackBerkshire Hathaway HomeServicesMore Info
412-969-3584

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Lori KashellackBerkshire Hathaway HomeServicesMore Info
412-969-3584

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