How many Retail Space listings are available for sale in Pittsburgh?
Currently, there are 85 Retail Space listings for sale near Pittsburgh, PA. LoopNet consistently updates its retail listings with the latest properties added on a regular basis.
How much is a Retail Space for sale in Pittsburgh?
The average price per square foot for Pittsburgh Retail Space for sale is about $318. The cost of retail space is generally influenced by its location, size, and condition. Prime locations and larger, well-maintained spaces are generally more expensive, with the highest price of retail space in Pittsburgh, PA going for $2,532/sqft.
What is the average size of Retail Space available for sale in Pittsburgh?
The average size of Retail Space available for sale in Pittsburgh, PA is approximately 13,771 SF. The largest Retail Space available for sale is 130,281 SF and the smallest is 500 SF.
Determining the size of retail space you'll need to buy depends on factors such as the type of business and space needed for services, number of employees, storage needs, etc.
What is the average cap rate for Retail Properties in Pittsburgh?
Cap rates for retail properties in Pittsburgh, PA typically range between 4.67% and 10.68%, with variations influenced by factors including tenant quality, lease terms, and property age.
Read more about cap rates and other factors that influence them such as location, property type and market conditions.
What factors contribute to choosing the right Retail Space for sale in Pittsburgh?
Conduct the proper due diligence including these factors to find the right retail space to buy in Pittsburgh, PA:
- Location: Align with your target market and offer visibility
- Foot Traffic: Choose an area in Pittsburgh with high foot traffic, if possible
- Size and Layout: Size and layout should accommodate your needs
- Physical Condition and Maintenance: Factor in maintenance costs and potential renovation needs
- Zoning and Regulations: Ensure compliance with zoning regulations and permits for your intended use
