- For Sale $600,000
- Property Type Other
- Lot Size 0.08 Acre
- # of Floors 3
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1909
- Year Renovated 2019
- Date Updated Jul 3, 2026
Description
Investment Property For Sale: 6,886 SF Building Renovated for Office or Retail Use
Excellent Investment or Owner-Occupier Opportunity
Property Details:
Municipality: City of Pittsburgh, Allegheny County
- Parcel Number: 0097-D-00061-0000-00
- Lot Size: 0.08 acres
- Zoning: LNC
- Building Size: 6,886 SF
- 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
- 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
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Contacts
Lee & Associates of Eastern Pennsylvania LLC
Location
Located at 826 Brookline Boulevard, Pittsburgh, PA 15226, this property is part of the Brookline neighborhood and Pittsburgh market.
Lee & Associates of Eastern Pennsylvania LLC