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1601 Liberty Ave 32,000 SF Industrial Building Pittsburgh, PA 15222 $3,999,000 ($124.97/SF) 6.59% Cap Rate

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EXECUTIVE SUMMARY

An incredible opportunity for a thriving business to capture this space in the heart of Pittsburgh's Strip District with high visibility on one of Downtown Pittsburgh's main arteries. This building has approx 31,500 sq ft of total space with reception areas and offices space of nearly 7,000 sq ft. There is vacant space formerly occupied for 25 years on the 17th St side facing Liberty Ave of 16,200 +- sq ft with approx 15K sq ft of warehouse plus 1,200 sq ft +- office space. There are 2 loading docks on 16th St side with 10' high and 3 more on the Liberty side at 17th St. Seven 10 foot high garage doors and two 14 foot high garage doors, 4 overhead gas heaters, extensive parking and loading area on the Liberty Ave side. 18 feel high ceilings in warehouses.There is a 10 car integral garage on 17th St side that is currently leased on a month to month basis.Quick and easy access to the Interstates 376,279,579 and I-79 heading North,South, East and West.

PROPERTY FACTS

Price $3,999,000
Price Per SF $124.97
Sale Type Investment
Cap Rate 6.59%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
Building Class C
Lot Size 0.80 AC
Rentable Building Area 32,000 SF
No. Stories 1
Year Built 1975
Clear Ceiling Height 18’
No. Dock-High Doors/Loading 8
No. Drive In / Grade-Level Doors 2
Zoning UI - Primary uses shall be allowed in the UI District in accordance with the Use Table of Sec. 911.02.

UTILITIES

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • -
  • $5.93
  • Modified Gross
  • Aug 2026

Fine Wine & Good Spirits aims to provide you with an easy and convenient shopping experience for wine and spirits. Run by the Pennsylvania Liquor Control Board, one of the largest purchasers of beverage alcohol in the United States, they offer Pennsylvania’s widest selection of unique products and discounts. Discover new finds and stock up on old favorites, participate in their exclusive programs such as Chairman's Selection and the Limited-Release Lottery. Explore their extensive library of cocktail recipes, learn about wines and spirits, find helpful entertaining tips and more. Enjoy the convenience of online ordering for home or store delivery, place special orders and even redeem or purchase gift cards!

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer - $5.93 Modified Gross Aug 2026
Walk Score®
Very Walkable (85)
Transit Score®
Excellent Transit (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0009-H-00086-0000-00
Land Assessment
$325,000
Improvements Assessment
$675,000
Total Assessment
$1,000,000
  • Listing ID: 33742325

  • Date on Market: 11/4/2024

  • Last Updated:

  • Address: 1601 Liberty Ave, Pittsburgh, PA 15222

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