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640 Long Rd 7,000 SF Flex Building Pittsburgh, PA 15235 $375,000 ($53.57/SF)
Investment Highlights
- 100% occupied Multi-tenant investment Opportunity
- Built in 2001 and building is approximately 7,000SF
- Fantastic investment opportunity
- In place net income = $50k OR a 13.4 CAP on asking price
- Convenient access to US-22 and I-376
Executive Summary
SVN | Three Rivers Commercial Advisors is pleased to offer for sale this 100% occupied multi-tenant commercial investment opportunity located in Penn Hills (Pittsburgh MSA). The building was built in 2001 and is 7,000SF. Building consists of 3 tenants. Property has Net income = $50,134 which is a 13.4 CAP rate!
The property is situated on ±0.82 acres with B-2 commercial zoning. Benefiting from strong local visibility along Long Rd and convenient access to US-22 and I-376, the site offers efficient connectivity to Monroeville, the eastern suburbs, and Downtown Pittsburgh.
Adjacent Property (630 Long) also available for sale which is another 100% leased single tenant opportunity. Contact listing broker for more info.
The property is situated on ±0.82 acres with B-2 commercial zoning. Benefiting from strong local visibility along Long Rd and convenient access to US-22 and I-376, the site offers efficient connectivity to Monroeville, the eastern suburbs, and Downtown Pittsburgh.
Adjacent Property (630 Long) also available for sale which is another 100% leased single tenant opportunity. Contact listing broker for more info.
Property Facts
| Price | $375,000 | Lot Size | 0.82 AC |
| Price Per SF | $53.57 | Rentable Building Area | 7,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Flex | Year Built | 2021 |
| Property Subtype | Light Distribution | Tenancy | Single |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Price | $375,000 |
| Price Per SF | $53.57 |
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | C |
| Lot Size | 0.82 AC |
| Rentable Building Area | 7,000 SF |
| No. Stories | 1 |
| Year Built | 2021 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 2 |
Amenities
- Air Conditioning
1 1
Property Taxes
| Parcel Number | 0370-C-00159-0000-00 | Improvements Assessment | $132,000 |
| Land Assessment | $64,600 | Total Assessment | $196,600 |
Property Taxes
Parcel Number
0370-C-00159-0000-00
Land Assessment
$64,600
Improvements Assessment
$132,000
Total Assessment
$196,600
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640 Long Rd
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