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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
Convenience Store
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)
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.®

Nearby Major Retailers

Starbucks
Hello Bistro
PNC Bank
Dollar Bank
Rent-A-Center
Citizens Bank
Giant Eagle
Anytime Fitness
Quaker Steak & Lube
TGI Fridays

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0003-H-00074-0000-00
Land Assessment
$200,590 CAD
Improvements Assessment
$208,575 CAD
Total Assessment
$409,165 CAD
  • Listing ID: 28554860

  • Date on Market: 2023-05-23

  • Last Updated:

  • Address: 1506 E Carson St, Pittsburgh, PA 15203

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