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Investment Highlights

  • High visibility corner location with street frontage on three sides.
  • Modern construction (2006) - designed for energy efficiency, and durability.
  • Offers strategic expansion potential.
  • Combines retail income, commercial leasing, and residential rentals.
  • Ample parking for customers and tenants - 50+/- space car lot supports multiple uses simultaneously.

Executive Summary

200 Jefferson Street presents an outstanding opportunity to purchase a versatile commercial property in the heart of Penn Hills, a high traffic suburb located just minutes from Downtown Pittsburgh. The property offers flexible, space suitable for office, retail, or service oriented users, with excellent visibility and convenient access to major roadways.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
12,000 SF
Building Class
C
Year Built
1900
Price
$2,000,000
Price Per SF
$166.67
Cap Rate
9.84%
NOI
$196,800
Percent Leased
58%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.67
Lot Size
0.41 AC
Zoning
B-2 - Community business district

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 2nd Floor
  • 5,000 SF
  • Retail
  • Outparcel
  • Now

- 5,000 +/- SF second-floor commercial space available - Flexible layout suitable for a variety of retail, office, showroom, or service uses - Excellent natural light with prominent frontage and visibility - Located on a signalized/high-traffic corridor in Penn Hills - Ample on-site parking with approximately 50 +/- parking spaces available property-wide - Strong surrounding retail presence including Aldi, Planet Fitness, PNC, Wendy’s, and Fresenius Medical Care - Convenient access to Route 22, Route 380, and Downtown Pittsburgh - Opportunity for signage and branding exposure - Well-maintained building with modern construction and strong curb appeal - Ideal for owner-users, expanding businesses, destination retail, wellness concepts, creative office, or event/showroom users

Space Size Space Use Position Available
2nd Floor 5,000 SF Retail Outparcel Now

2nd Floor

Size
5,000 SF
Space Use
Retail
Position
Outparcel
Available
Now

2nd Floor

Size 5,000 SF
Space Use Retail
Position Outparcel
Available Now

- 5,000 +/- SF second-floor commercial space available - Flexible layout suitable for a variety of retail, office, showroom, or service uses - Excellent natural light with prominent frontage and visibility - Located on a signalized/high-traffic corridor in Penn Hills - Ample on-site parking with approximately 50 +/- parking spaces available property-wide - Strong surrounding retail presence including Aldi, Planet Fitness, PNC, Wendy’s, and Fresenius Medical Care - Convenient access to Route 22, Route 380, and Downtown Pittsburgh - Opportunity for signage and branding exposure - Well-maintained building with modern construction and strong curb appeal - Ideal for owner-users, expanding businesses, destination retail, wellness concepts, creative office, or event/showroom users

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100

Nearby Major Retailers

Giant Eagle
Citizens Bank
Dollar Bank
PNC Bank
Planet Fitness
Jazzercise
Bank of America

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0449-R-00294-0000-00
  • 0449-R-00292-0000-00
Land Assessment
$90,200
Improvements Assessment
$380,700
Total Assessment
$470,900
  • Listing ID: 37725204

  • Date on Market: 9/18/2025

  • Last Updated:

  • Address: 200 Jefferson Rd, Penn Hills, PA 15235

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