1721 Jane St 22,000 SF Retail Building Pittsburgh, PA 15203 $595,000 ($27.05/SF)

SVN is pleased to present 1721 Jane St located in Pittsburgh's South Side neighborhood. Opportunity to purchase an operable, historic property that was originally built in the 1870's and then rebuilt in 1908. The property has been preserved and well maintained throughout the years. The current layout allows for several different possible uses, including: Concert Venue, Wedding Venue, Event Facility, Restaurant, Social Hall, etc. The property could also be redeveloped into apartments, condos, or offices. There is currently one residential apartment that is leased and a couple tenants leasing office / studio space.
The building has a lot size and floor plate of 7920 SF with a mezzanine level above that could be expanded into another full floor. There is also a partially above grade basement that is an additional 7920 SF. The total potential SF, if redeveloped would be over 22,000 SF. The building occupancy is 293 people.
Currently there is a lease in-place for $1000/month for an apartment and a few $300/month leases for offices, on a month to month basis.
Utilities include, 2 water lines, 2 electric services (single and three phase) and 1 gas line.