1913-1919 McCague St | Pittsburgh, PA 15218
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1913-1919 McCague St
Pittsburgh, PA 15218
Retail Property For Sale
Investment Highlights
- This retail property is a great investment opportunity with amble parking (50 spaces) and situated on a corner lot.
- Potential redevelopment opportunity!
Executive Summary
This 7,437 square foot retail building was constructed in 1950. Current tenants in the building are generating a cap rate of 6.5% for the owner. Offered at $750,000, this retail property is priced to sell!
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
8,600 SF
Building Class
C
Year Built/Renovated
1950/1995
Price
£472,110
Price Per SF
£55
Net Initial Yield
8.12%
NOI
£38,359
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.35
Lot Size
0.57 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District
Parking
35 Spaces
Frontage
210 ft on McCague St
Amenities
- 24 Hour Access
- Bus Route
- Corner Lot
- Restaurant
- Signage
PROPERTY TAXES
| Parcel Number | 0178-C-00250-0000-00 | Improvements Assessment | £169,749 |
| Land Assessment | £72,862 | Total Assessment | £242,612 |
PROPERTY TAXES
Parcel Number
0178-C-00250-0000-00
Land Assessment
£72,862
Improvements Assessment
£169,749
Total Assessment
£242,612
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