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1712 Lowrie St
Pittsburgh, PA 15212
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 4 unit mixed use building, 2500SF retail space on ground level plus 3 apartments (two 1 bedroom, one 2 bedroom) on 2nd floor
- Updated appliances and water heaters within last 3 years
- Full span basement with separate entrance, potentially rentable with retail unit
- Facade, common areas and apartments refreshed within the last 3 years
- All independently metered
EXECUTIVE SUMMARY
SVN Three Rivers Commercial Advisors is pleased to present this recently updated mixed use property for sale, with a prime location on Lowrie in Troy Hill. Building includes a 2500SF commercial space plus 3 nicely refreshed apartments. Full span basement has potential to be leased with retail unit to create additional revenue. 10 CAP opportunity to purchase in one of Pittsburgh’s growing northside neighborhoods.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1920/1978
Price
$390,000
Price Per SF
$78
Cap Rate
10.95%
NOI
$42,713
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.82
Lot Size
0.06 AC
Zoning
LNC - Local neighborhood commercial
Frontage
27’ on Lowrie St
AMENITIES
- Corner Lot
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 0048-N-00024-0000-00 | Improvements Assessment | $121,300 |
| Land Assessment | $11,700 | Total Assessment | $133,000 |
