1506 E Carson St
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1506 E Carson St
2,400 SF 100% Leased Retail Building Pittsburgh, PA 15203 $1,019,640 CAD ($425 CAD/SF) 8.17% Cap Rate
Investment Highlights
- 1st Floor convenience store and 2nd floor retail space both leased (expiring 2028)
- Retail Business and Real Estate For Sale
- Prime location on E Carson St with ample foot traffic and proximity to other retail amenities and restaurants
Executive Summary
SVN Three Rivers Commercial Advisors is pleased to present this retail investment property available for sale at 1506 E Carson St in Pittsburgh's Southside neighborhood. 1st Floor convenience store and 2nd floor retail space both leased for 5 years (expiring September 2028)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,400 SF
Building Class
C
Year Built
1900
Price
$1,019,640 CAD
Price Per SF
$425 CAD
Cap Rate
8.17%
NOI
$83,319 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.84
Land Acres
0.03 AC
Zoning
LNC - Local Neighborhood Commercial
Frontage
38 ft on E Carson St
Amenities
- Bus Line
Walk Score ®
Walker's Paradise (93)
Bike Score ®
Biker's Paradise (98)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 0003-H-00074-0000-00 | Improvements Assessment | $208,575 CAD |
Land Assessment | $200,590 CAD | Total Assessment | $409,165 CAD |
PROPERTY TAXES
Parcel Number
0003-H-00074-0000-00
Land Assessment
$200,590 CAD
Improvements Assessment
$208,575 CAD
Total Assessment
$409,165 CAD
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1506 E Carson St
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