- For Sale $3,950,000
- Property Type Office - General Office
- Property Size 40,400 SF
- Parking Spaces Avail. 83
- Building Class A
- Year Built 1891
- Date Updated Apr 5, 2024
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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
False
Contacts
Location
Getting Around
-
Walk Score ®
96/100 Walker's Paradise -
Transit Score ®
64/100 Good Transit -
Bike Score ®
95/100 Biker's Paradise
- City Pittsburgh, PA
- Neighborhood Southside Flats
- Zip Code 15203
- Market Pittsburgh
Points of Interest
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First Avenue
1.35 miles
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Steel Plaza
1.39 miles
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Steel Plaza
1.44 miles
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Pittsburgh Union Station
1.50 miles
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Station Square
1.62 miles
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Wood Street
1.71 miles
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South Hills Junction
1.88 miles
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Gateway
1.90 miles
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Bon Air
2.14 miles
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Boggs
2.15 miles
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Cogo's
0.10 miles
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GetGo
0.75 miles
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Sunoco
0.79 miles
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BP
0.82 miles
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American Natural
1.51 miles
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Marathon Gas
1.81 miles
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Amoco
1.82 miles
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Sunoco
1.86 miles
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EQT Natural Gas for Vehicles
2.11 miles
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Sunoco Gas Station
2.15 miles
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Ladle Parking
0.27 miles
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Furnace Parking
0.38 miles
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Hot Metal Parking
0.42 miles
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Ingot Parking
0.46 miles
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Second Avenue Parking Plaza
0.94 miles
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Public Parking
0.96 miles
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Locust Garage
1.09 miles
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Forbes Semple Garage
1.11 miles
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Forbes Garage
1.12 miles
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Melody Parking Lot
1.18 miles
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Hotel Indigo
0.70 miles
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Hampton Inn Pittsburgh University/Medical Center
0.73 miles
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Holiday Inn Express & Suites Pittsburgh-South Side
0.87 miles
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Residence Inn
0.87 miles
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Quality Inn University Center
0.95 miles
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Hilton Garden Inn Pittsburgh University Place
1.04 miles
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Traveler's Rest
1.10 miles
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Cambria Hotel Pittsburgh - Downtown
1.14 miles
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Pittsburgh Marriott City Center
1.29 miles
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DoubleTree by Hilton Hotel & Suites Pittsburgh Downtown
1.41 miles
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Cupka's Cafe
0.03 miles
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The Pretzel Shop
0.04 miles
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Mallorca
0.05 miles
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Green Front Inn
0.06 miles
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Double Wide Grill
0.07 miles
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Silvi's Southwestern Kitchen
0.07 miles
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Thai Me Up
0.10 miles
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Little Tokyo Bistro
0.14 miles
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Mullen's On Carson
0.18 miles
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Subway
0.21 miles
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Goodwill Employment Training Center
0.27 miles
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Propel Charter School Homestead
0.33 miles
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McGowan Institute for Regenerative Medicine
0.58 miles
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Saint Hyacinth School
0.69 miles
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Bane School
0.73 miles
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Arlington Elementary School
0.73 miles
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University of Pittsburggh
0.77 miles
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Saint Agnes School
0.83 miles
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Carlow University
0.86 miles
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Assumption Hall (DU)
0.91 miles
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Oakland Sunshine Daycare
0.60 miles
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Teeter-Totter
1.19 miles
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Wee the People Day Care Center
1.59 miles
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Magic Castle Day Care Center
1.65 miles
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Early Childhood Center
1.82 miles
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Small World Early Learning Center
1.82 miles
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Cyert Center for Early Education
1.94 miles
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Allegheny General Hospital Center for Children
2.40 miles
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Temps For Tots
2.76 miles
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Its A Small World Day Care Center
2.79 miles
Frequently Asked Questions
What is the lease rate for Birmingham Place?
Rental asking rate at Birmingham Place is $1,975,000.00/YR.
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.
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