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2405 Mcneilly Ave 4,500 SF Retail Building Pittsburgh, PA 15226 $795,000 ($176.67/SF) 8.50% Cap Rate
Investment Highlights
- 4,500 sq. ft. warehouse divided into 3 separate units
- Executive office build-out
- Short drive to downtown Pittsburgh and major amenities.
- 10' tall garage door
- Located in Brookline, Pittsburgh.
Executive Summary
4500 sq ft warehouse on property zoned Urban Industrial property within the City of Pittsburgh.
The warehouse consists of 3 separate units, each with a 10' tall garage door, man door, bathroom, and separate utility meters. There is plenty of space for laydown, vehicle parking, or room for heavy equipment. Single and 3 phase electrical services are in the building. One unit is built out for an executive office with raised heated floors, conference/kitchen area, baths in office and garage area. Combine this executive office with the large lot for fabrication or any commercial/industrial purpose.
Leases have expired, but tenants want to stay. Currently tenants in 2 units, 3rd unit is owner occupied.
There is plenty of lay down space and additional property is available by splitting the vacant area between the buildings for an additional cost.
Adjacent property is also listed for sale 2415 McNeilly Road, Pittsburgh PA 15226
Willing to pay buyer agent commission. Please contact for details.
The warehouse consists of 3 separate units, each with a 10' tall garage door, man door, bathroom, and separate utility meters. There is plenty of space for laydown, vehicle parking, or room for heavy equipment. Single and 3 phase electrical services are in the building. One unit is built out for an executive office with raised heated floors, conference/kitchen area, baths in office and garage area. Combine this executive office with the large lot for fabrication or any commercial/industrial purpose.
Leases have expired, but tenants want to stay. Currently tenants in 2 units, 3rd unit is owner occupied.
There is plenty of lay down space and additional property is available by splitting the vacant area between the buildings for an additional cost.
Adjacent property is also listed for sale 2415 McNeilly Road, Pittsburgh PA 15226
Willing to pay buyer agent commission. Please contact for details.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,500 SF
Building Class
C
Year Built/Renovated
1970/2019
Price
$795,000
Price Per SF
$176.67
Cap Rate
8.50%
NOI
$67,575
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.75 AC
Parking
23 Spaces (5.11 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0139-F-00034-0000-00 | Improvements Assessment | $103,100 |
| Land Assessment | $230,400 | Total Assessment | $333,500 |
Property Taxes
Parcel Number
0139-F-00034-0000-00
Land Assessment
$230,400
Improvements Assessment
$103,100
Total Assessment
$333,500
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2405 Mcneilly Ave