826 Brookline Blvd - Storefront Retail/Office FOR SALE


Pittsburgh, PA 15226- Brookline
$600,000 USD
412-512-3737
826 Brookline Blvd, Pittsburgh, PA for Sale
$600,000 USD
Storefront Retail/Office - FOR SALE
1/20
null | 8.27% Cap Rate

826 Brookline Blvd
Pittsburgh, PA 15226
Brookline


HIGHLIGHTS

  • Brookline, Pittsburgh’s second largest neighborhood, has a robust, walkable business district
  • Ideal location, 10± minutes from Downtown
  • Stable tenants, 100% occupied
  • Extensive aesthetic and mechanical renovations, completed 2020

OVERVIEW

Investment Property: 6,886 SF building renovated for office or retail use. Located in Brookline, Allegheny County (Parcel ID: 0097-D-00061-0000-00) on a 0.08-acre lot. Zoning is LNC. Built 1909, renovated 2019. Building Layout: 2-story mixed-use + basement level (2,580 SF per floor). 1st Floor: Retail (existing 3-year lease with option to extend for 2 years); 2nd Floor: Office (existing 1-year lease with extensions). Access: Each floor has separate, direct street access. Power: 3-Phase, 600 amp electric. Parking & Transportation: Abundant street parking; public transport at the door. The current owners have completed extensive aesthetic and mechanical renovations since their purchase in mid-2018. All work was completed by December, 2020. Renovations include: - Street-level facade opened up, storefront added - Brick & cement exterior painted - Three HVAC RTUs (12.5 ton, 7.5 ton, 5.0 ton), each servicing a single floor, replaced - Rooftop HVAC ductwork insulation replaced - Partial roof replacement - New fire monitoring control system installed - Emergency back-up exit and stairwell lighting added - New flooring added to both the upper and street-level spaces - Upper-level and street-level interiors painted - Stairwell painted - Ceiling tiles in the upper-level were replaced as needed, and all of the ceiling tiles on the street level were replaced

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$87 USD /SF

CAP RATE

8.27%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1909

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

LNC

APN/PARCEL ID

0097-D-00061-0000-00

ASK ABOUT THIS PROPERTY

Dana GrauLee & Associates of Western Pennsylvania LLCMore Info
412-512-3737

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Dana GrauLee & Associates of Western Pennsylvania LLCMore Info
412-512-3737

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