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918 Rickenbach St 38,000 SF 100% Leased Industrial Building Pittsburgh, PA 15212 $599,500 ($15.78/SF)
Investment Highlights
- Conveniently equipped with two loading docks with overhead doors and a freight elevator.
Executive Summary
Outstanding opportunity at 918 Rickenbach St, a solid 5-story commercial building offering flexibility and prime location. The property includes 2 loading docks with overhead doors, a freight elevator, new roof and windows, and the ability to be subdivided into multiple rentable units. A separate fenced lot provides parking for up to 12 vehicles. Conveniently located just 1 mile (5 minutes) from the Terminal Building in the Strip District and Downtown Pittsburgh, this property is also next to a newly developed community of 12 homes and only minutes from Allegheny General Hospital, Acrisure Stadium, PNC Park, A&E Pavilion, and major routes I-279, I-376, Rt 28, and Rt 65. Versatile, updated, and centrally positioned, this building is ideal for an owner-user or investor seeking strong potential in a growing corridor.
Property Facts Under Contract
| Price | $599,500 | Rentable Building Area | 38,000 SF |
| Price Per SF | $15.78 | No. Stories | 5 |
| Sale Type | Investment or Owner User | Year Built | 1900 |
| Property Type | Industrial | Parking Ratio | 0.32/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 14’ |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Lot Size | 0.15 AC | No. Drive In / Grade-Level Doors | 4 |
| Zoning | NDI - Neighborood Industrial | ||
| Price | $599,500 |
| Price Per SF | $15.78 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.15 AC |
| Rentable Building Area | 38,000 SF |
| No. Stories | 5 |
| Year Built | 1900 |
| Parking Ratio | 0.32/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | NDI - Neighborood Industrial |
Amenities
- Front Loading
- Storage Space
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
1 1
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0024-K-00319-0000-00 | Improvements Assessment | $51,600 |
| Land Assessment | $21,400 | Total Assessment | $73,000 |
Property Taxes
Parcel Number
0024-K-00319-0000-00
Land Assessment
$21,400
Improvements Assessment
$51,600
Total Assessment
$73,000
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918 Rickenbach St
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