Birmingham Place

2305 E Carson Street, Pittsburgh, PA 15203

  • For Sale $3,950,000
  • Property Type Office - General Office
  • Property Size 40,400 SF
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 83
  • Building Class A
  • Year Built 1891
  • Date Updated Apr 5, 2024
Located in South Side. South Side is an area in Pittsburgh located along the Monongahela River across from Downtown. It is divided into two neighborhoods, South Side Flats and South Side Slopes.SVN | Three Rivers Commercial Advisors is pleased to present the sale of Birmingham Place, located at 2305-2315 E Carson Street. The property sits in a great location in the South Side neighborhood, next to the Birmingham Bridge. The property is 58% occupied with strong office tenants in place. The remaining vacant space is a blend of office/retail. The property comes with 52 off street parking spaces, 31 of which are under a lease with PENNDOT. The remaining space can be leased or converted to residential in order maximize the potential of the asset. The current ownership has drawings in place to convert the remaining space to 14 apartments. Another option would be to keep retail on the ground level and put apartments above; or to keep office space. The ample parking leaves this property with multiple options.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Property yields a 6% Cap Rate with 42% of the building being vacant. Excellent value add opportunity to increase your return/ cash-flow by leasing up the vacant space.
  • Two strong tenants providing substantial revenue with annual rent increases in place
  • An overabundance of off-street parking with over 80 spaces (One of the parking lots, 31 spaces, is owned by PENNDOT, and is leased by current ownership).
  • Traffic count of over 15,000 cars per day at this location
  • Ideal South Side location, next to Birmingham Bridge and just two blocks from the South Side Works
  • Current ownership has zoning approval to convert vacant space to 14 apartments

Contacts

broker

Perry Nickleach II

SVN | Three Rivers Commercial Advisors

Location

Getting Around

  • Walk Score ®

    96/100 Walker's Paradise
  • Transit Score ®

    64/100 Good Transit
  • Bike Score ®

    95/100 Biker's Paradise
Powered by Walk Score ®
  • City Pittsburgh, PA
  • Neighborhood Southside Flats
  • Zip Code 15203
  • Market Pittsburgh

Points of Interest

  • First Avenue

    1.35 miles

  • Steel Plaza

    1.44 miles

  • Gateway

    1.90 miles

  • Pennant

    2.51 miles

  • McNeilly

    3.91 miles

  • Killarney

    4.21 miles

  • Mt. Lebanon

    4.90 miles

  • Washington Junction

    5.94 miles

  • South Hills Village

    7.48 miles

  • West Library

    9.76 miles

  • Cogo's

    0.10 miles

  • GetGo

    0.75 miles

  • Sunoco

    0.79 miles

  • BP

    0.82 miles

  • American Natural

    1.51 miles

  • Marathon Gas

    1.81 miles

  • Amoco

    1.82 miles

  • Sunoco

    1.86 miles

  • EQT Natural Gas for Vehicles

    2.11 miles

  • Sunoco Gas Station

    2.15 miles

  • Ladle Parking

    0.27 miles

  • Furnace Parking

    0.38 miles

  • Hot Metal Parking

    0.42 miles

  • Ingot Parking

    0.46 miles

  • Second Avenue Parking Plaza

    0.94 miles

  • Public Parking

    0.96 miles

  • Locust Garage

    1.09 miles

  • Forbes Semple Garage

    1.11 miles

  • Melody Parking Lot

    1.18 miles

  • East Parking Lot

    1.20 miles

  • Hotel Indigo

    0.70 miles

  • Hampton Inn Pittsburgh University/Medical Center

    0.73 miles

  • Holiday Inn Express & Suites Pittsburgh-South Side

    0.87 miles

  • Residence Inn

    0.87 miles

  • Quality Inn University Center

    0.95 miles

  • Hilton Garden Inn Pittsburgh University Place

    1.04 miles

  • Traveler's Rest

    1.10 miles

  • Cambria Hotel Pittsburgh - Downtown

    1.14 miles

  • Pittsburgh Marriott City Center

    1.29 miles

  • DoubleTree by Hilton Hotel & Suites Pittsburgh Downtown

    1.41 miles

  • Cupka's Cafe

    0.03 miles

  • The Pretzel Shop

    0.04 miles

  • Mallorca

    0.05 miles

  • Green Front Inn

    0.06 miles

  • Double Wide Grill

    0.07 miles

  • Silvi's Southwestern Kitchen

    0.07 miles

  • Thai Me Up

    0.10 miles

  • Little Tokyo Bistro

    0.14 miles

  • Mullen's On Carson

    0.18 miles

  • Subway

    0.21 miles

  • Goodwill Employment Training Center

    0.27 miles

  • Propel Charter School Homestead

    0.33 miles

  • McGowan Institute for Regenerative Medicine

    0.58 miles

  • Saint Hyacinth School

    0.69 miles

  • Bane School

    0.73 miles

  • Arlington Elementary School

    0.73 miles

  • University of Pittsburggh

    0.77 miles

  • Saint Agnes School

    0.83 miles

  • Assumption Hall (DU)

    0.91 miles

  • Carlow University

    0.91 miles

  • Oakland Sunshine Daycare

    0.60 miles

  • Teeter-Totter

    1.19 miles

  • Wee the People Day Care Center

    1.59 miles

  • Magic Castle Day Care Center

    1.65 miles

  • Early Childhood Center

    1.82 miles

  • Small World Early Learning Center

    1.82 miles

  • Cyert Center for Early Education

    1.94 miles

  • Allegheny General Hospital Center for Children

    2.40 miles

  • Temps For Tots

    2.76 miles

  • Its A Small World Day Care Center

    2.79 miles

Frequently Asked Questions

How much does Birmingham Place cost?

The space currently listed for sale at Birmingham Place asks for $3,950,000.

What is the total square footage of Birmingham Place?

Birmingham Place totals 40,400 square feet.

When was this property built?

Birmingham Place was built in 1891.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Perry Nickleach II

SVN | Three Rivers Commercial Advisors