Carmike Bldg | 2934 Smallman St
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Carmike Bldg 2934 Smallman St
22,000 SF 100% Leased Light Industrial Building Pittsburgh, PA 15201 £2,112,615 (£96/SF)
Investment Highlights
- Prime location in Pittsburgh's most sought after neighborhood: The Strip District
- 22,000 SF Industrial/office building | 8,640 SF Parking lot
- Zoned RIV-IMU: multi-unit residential, bank/financial institution, retail sales, etc.
- Opportunity for potential development when current tenant leases expire
- Easy access to public transit and major throughways
Executive Summary
Colliers is pleased to present the opportunity to acquire 2934 Smallman Street and the neighboring parcel located in Pittsburgh’s most sought-after neighborhood: The Strip District. The property is currently leased by Tri-State Reprographics, Inc. and Veteran’s Leadership Program of Western Pennsylvania. Tri-State Reprographics, Inc.'s lease runs through January 31st, 2026 and Veteran’s Leadership Program of Western Pennsylvania’s lease runs through July 31st 2026. 2934 Smallman Street is located less than a mile from the 160,000 SF retail epicenter 'The Terminal' and McCaffery's recently announced, 268-unit multifamily complex 'Brickworks', as well as many of Pittsburgh’s most luxurious multifamily developments. Zoned Riverfront Industrial Mixed-Use (RIV-IMU), 2934 Smallman presents an investor the chance to receive income from current tenants and the future opportunity of a potential development once those leases expire.
Parcel #: 25-G-33 (2934 Smallman Street, Building)
Parcel #: 25-G-29 (2934 Smallman Street, Adjacent Parking Lot)
1-Mile Radius Demographics:
- Population: 15,247
- Average HH Income: $103,367
- Total Surrounding Businesses: 980
- Total Area Employees: 18,729
Parcel #: 25-G-33 (2934 Smallman Street, Building)
Parcel #: 25-G-29 (2934 Smallman Street, Adjacent Parking Lot)
1-Mile Radius Demographics:
- Population: 15,247
- Average HH Income: $103,367
- Total Surrounding Businesses: 980
- Total Area Employees: 18,729
Data Room Click Here to Access
- Offering Memorandum
Property Facts Under Contract
| Price | £2,112,615 | Lot Size | 0.26 AC |
| Price Per SF | £96 | Rentable Building Area | 22,000 SF |
| Sale Type | Investment | Number of Floors | 2 |
| Sale Conditions | Development Sale | Year Built/Renovated | 1920/2000 |
| Property Type | Light Industrial | Parking Ratio | 1.27/1,000 SF |
| Building Class | B |
| Price | £2,112,615 |
| Price Per SF | £96 |
| Sale Type | Investment |
| Sale Conditions | Development Sale |
| Property Type | Light Industrial |
| Building Class | B |
| Lot Size | 0.26 AC |
| Rentable Building Area | 22,000 SF |
| Number of Floors | 2 |
| Year Built/Renovated | 1920/2000 |
| Parking Ratio | 1.27/1,000 SF |
Amenities
- Bus Route
- Signage
- Storage Space
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Bike Score ®
Very Bikeable (88)
PROPERTY TAXES
| Parcel Number | 0025-G-00033-0000-00 | Improvements Assessment | £582,769 |
| Land Assessment | £38,418 | Total Assessment | £621,187 |
PROPERTY TAXES
Parcel Number
0025-G-00033-0000-00
Land Assessment
£38,418
Improvements Assessment
£582,769
Total Assessment
£621,187
zoning
| Zoning Code | RIV-IMU (Zoned Riverfront Industrial Mixed-Use.) |
| RIV-IMU (Zoned Riverfront Industrial Mixed-Use.) |
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Carmike Bldg | 2934 Smallman St
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