1712 Lowrie St
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1712 Lowrie St
8,100 SF Vacant Retail Building Pittsburgh, PA 15212 $399,000 ($49/SF) 10.70% Cap Rate
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
8,100 SF
Building Class
C
Year Built/Renovated
1920/1978
Price
$399,000
Price Per SF
$49
Cap Rate
10.70%
NOI
$42,713
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Zoning
LNC - Local neighborhood commercial
Bike Score ®
Very Bikeable (78)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 0048-N-00024-0000-00 | Improvements Assessment | $121,300 |
Land Assessment | $11,700 | Total Assessment | $133,000 |
PROPERTY TAXES
Parcel Number
0048-N-00024-0000-00
Land Assessment
$11,700
Improvements Assessment
$121,300
Total Assessment
$133,000
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1712 Lowrie St
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