Investment or Owner-Occupier Opportunity: 6,886 SF Building Renovated for Office/Retail

826 Brookline Blvd, Pittsburgh, PA 15226

Property Information

  • For Sale $600,000
  • Property Type Retail - Street Retail
  • Property Size 6,886 SF
  • Units 3
  • Lot Size 0.08 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1909
  • Year Renovated 2019
  • Date Updated Jun 1, 2026

Description

Located right along Brookline Blvd, approx. 10 minutes from Downtown Pittsburgh. Brookline, Pittsburgh's second largest neighborhood, has a robust, walkable business district.6,886 SF Building Renovated for Office or Retail Use - Municipality: City of Pittsburgh, Allegheny County - Parcel Number: 0097-D-00061-0000-00 - Lot Size: 0.08 acres - Zoning: LNC - Year Built/Renovated: 1909/2019 - Building Layout: 3-story mixed-use: - 1st Floor: Retail - 4,126 SF - 2nd Floor: Office - 1,760 SF - Lower Level: Office/Storage - 1,126 SF - Access: Each floor has separate, direct street access - Power: 3-Phase, 600 amp electric - Parking & Transportation: Abundant street parking; public transport at the door - NOI: $55,336 - Asking Price: $600,000 - Cap Rate: 9.22% *This asset is currently operating at an 8.27% cap rate, with projected performance increasing to a 9.22% cap rate by November 2026, offering strong cash flow and near-term upside at a purchase price of approximately $600,000. Recent Renovations The current owners have completed extensive aesthetic and mechanical renovations since their purchase in mid-2018. All work was completed by December, 2020. - Street-level facade opened up, storefront added - Brick & cement exterior painted - Three HVAC RTUs (12.5 ton, 7.5 ton, 5.0 ton), each servicing a single floor, replaced - Rooftop HVAC ductwork insulation replaced - Partial roof replacement - New fire monitoring control system installed - Emergency back-up exit and stairwell lighting added - New flooring added to both the upper and street-level spaces - Upper-level and street-level interiors painted - Stairwell painted - Ceiling tiles in the upper-level were replaced as needed, and all of the ceiling tiles on the street level were replaced

Contacts

Location

Located at 826 Brookline Blvd, Pittsburgh, PA 15226, this property is part of the Brookline neighborhood and Pittsburgh market.

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