640 Long Rd - Light Distribution FOR SALE


Pittsburgh, PA 15235- Penn Hills
$375,000 USD
412-535-5756
640 Long Rd, Pittsburgh, PA for Sale
$375,000 USD
Light Distribution - FOR SALE
1/14
null | Request Cap Rate

640 Long Rd
Pittsburgh, PA 15235
Penn Hills


HIGHLIGHTS

  • 100% occupied Multi-tenant investment Opportunity
  • In place net income = $50k OR a 13.4 CAP on asking price
  • Built in 2001 and building is approximately 7,000SF
  • Convenient access to US-22 and I-376
  • Fantastic investment opportunity

OVERVIEW

SVN | Three Rivers Commercial Advisors is pleased to offer for sale this 100% occupied multi-tenant commercial investment opportunity located in Penn Hills (Pittsburgh MSA). The building was built in 2001 and is 7,000SF. Building consists of 3 tenants. Property has Net income = $50,134 which is a 13.4 CAP rate! The property is situated on ±0.82 acres with B-2 commercial zoning. Benefiting from strong local visibility along Long Rd and convenient access to US-22 and I-376, the site offers efficient connectivity to Monroeville, the eastern suburbs, and Downtown Pittsburgh. Adjacent Property (630 Long) also available for sale which is another 100% leased single tenant opportunity. Contact listing broker for more info.

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$54 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.82

LAND SF

35,719

ZONING

-

APN/PARCEL ID

0370-C-00159-0000-00

ASK ABOUT THIS PROPERTY

Jason CampagnaSVN - Three Rivers Commercial AdvisorsMore Info
412-535-5756

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Jason CampagnaSVN - Three Rivers Commercial AdvisorsMore Info
412-535-5756

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