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1835 Forbes Ave
Pittsburgh, PA 15219
Office Property For Sale
INVESTMENT HIGHLIGHTS
- In-place income with established Ophthalmic group.
- Recent capital improvements completed including new roof and parking.
- Rare uptown investment/redevelopment opportunity.
- Located in a qualified Opportunity Zone: http://www.alleghenyopportunityzones.com/.
EXECUTIVE SUMMARY
Medical Office building located on 1.1 acres, located near UPMC hospital, Duquesne University, and PPG Paints Arena. With a recent roof replacement , the property is in excellent condition and has been well maintained throughout ownership.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
15,000 SF
Building Class
C
Year Built
1997
Price
$2,900,000
Price Per SF
$193.33
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,500 SF
Slab To Slab
12’
Building FAR
0.32
Lot Size
1.06 AC
Opportunity Zone
Yes
Zoning
LNC - LNC - Local Neighborhood Commercial.
Parking
45 Spaces (3 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
PROPERTY TAXES
| Parcel Number | 0011-J-00056-0000-00 | Improvements Assessment | $877,700 |
| Land Assessment | $922,300 | Total Assessment | $1,800,000 |
PROPERTY TAXES
Parcel Number
0011-J-00056-0000-00
Land Assessment
$922,300
Improvements Assessment
$877,700
Total Assessment
$1,800,000
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