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2014-2016 Noble St

5,000 SF Office Building Swissvale, PA 15218 $319,000 ($64/SF) 9.53% Cap Rate

Office Space Pennsylvania Swissvale 2014-2016 Noble St, Swissvale, PA 15218

Investment Highlights

  • Large parking lot
  • Less than one mile from major roadway
  • 9 miles from downtown Pittsburgh

Executive Summary

2016 Noble Street is home to a successful Daycare with a large parking lot (a separate parcel), gorgeous architecture, a long term tenant and $30,408 net annual income! Located just 9 miles outside of downtown Pittsburgh in Swissvale's Central Business District, it is 15 minutes from the Waterfront, 10 minutes from Kennywood Park, and less than a mile from route 376! Formerly the Swissvale bank, you are sure to appreciate the historic beauty of your next income producing property! Tenant pays gas, electric, water, lawn/shrubbery care, snow removal. Newer HVAC system installed. Tenant has been in the property since 2019 and recently renewed the net lease for another 5 years through 2029. Tenant pays $3300/month ($39,600 gross annual income). Annual taxes of $7,490 and 2023 insurance premium at $1,702. Net annual income of $30,408. Showings cannot occur during Daycare hours.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,000 SF
Building Class
C
Year Built
1900
Price
$319,000
Price Per SF
$64
Cap Rate
9.53%
NOI
$30,408
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,500 SF
Building FAR
1.04
Land Acres
0.11 AC
Parking
10 Spaces (2 Spaces per 1,000 SF Leased)

Amenities

  • Day Care
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Walk Score ®
Very Walkable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0178-D-00298-0000-00
  • 0178-D-00301-0000-00
 Improvements Assessment $148,700
Land Assessment $37,500 Total Assessment $186,200

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0178-D-00298-0000-00
  • 0178-D-00301-0000-00
Land Assessment
$37,500
Improvements Assessment
$148,700
Total Assessment
$186,200
(412) 999-7612

  • Listing ID: 32086401

  • Date on Market: 6/10/2024

  • Last Updated:

  • Address: 2014-2016 Noble St, Swissvale, PA 15218

More public record information on 2014-2016 Noble St, Swissvale, PA 15218

The Office Property at 2014-2016 Noble St, Swissvale, PA 15218 is currently available For Sale. Contact Southbound Enterprises LLC for more information.

Office PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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2014-2016 Noble St
(412) 999-7612 x

2014-2016 Noble St

Bill Smith

(412) 999-7612

(412) 999-7612

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