This Retail/Residential investment is located directly across from the planned redevelopment of Shady Hill Center/Giant Eagle 1st floor is 1,800 SF in retail space. In very close proximity to Bakery Square. The Pittsburgh home of both Google and Phillips Respironics Includes a 2 B/R, 2.5 bath, two level apartment Property includes 3 car garage integral garage + off street parking in rear at 234 Swope Street 2 residential units, 1 is currently occupied. Owner currently occupies 1st floor space but will vacate.

Price	$679,000	Gross Leasable Area	4,857 SF
Sale Type	Investment or Owner User	No. Stories	3
Sale Conditions	Sale Leaseback	Year Built	1900
Property Type	Retail	Parking Ratio	0.82/1,000 SF
Property Sub-type	Storefront Retail/Residential General Retail Storefront Retail/Office Industrial Showroom OfficeLoft Creative Space	Zoning Description	Commercial
Building Class	C	APN / Parcel ID	0084-G-00159-0000-00 0084-G-00196-0000-00
Lot Size	0.08 AC

 

FINANCIAL SUMMARY (ACTUAL - 2018)

ANNUALANNUAL PER SF

Gross Rental Income $31,2606.44

Other Income $24,0004.94

Vacancy Loss $00.00

Effective Gross Income $55,26011.38

Net Operating Income --

 

BUILDING HIGHLIGHTS

• Huge development opportunity in booming Shadyside / east liberty section of Pittsburgh.
• Multiple new Development plans in place all around building location
• Rental income from 2 story 2 bed/2.5 bath apartment
• 1700sq Commercial store front
• Second Parcel ID for 3 car garage/storage space in rear of building

 

TENANT INFORMATION

TENANT	SF OCCUPIED	LEASE END DATE
Alexs East End Floral Shoppe	1,619
Basement Apartment	-	May 2020
Integral garage space	-
Second Story Apartment	-	July 2020

 

AMENITIES

• Air Conditioning
• Fireplace
• Bus Line
• Skylights