1000 Church Hill Rd - Office FOR SALE


Pittsburgh, PA 15205
$1,499,000 USD
412-366-2900
1000 Church Hill Rd, Pittsburgh, PA for Sale
$1,499,000 USD
Office - FOR SALE
1/34
null | Request Cap Rate

1000 Church Hill Rd
Pittsburgh, PA 15205


OVERVIEW

Unlock the potential of your business with this exceptional 58,000 sqft office building now available for sale. Nestled strategically next to the thriving Settlers Ridge, adjacent to the Parkway, and mere minutes from both Downtown Pittsburgh and the Greater Pittsburgh International Airport, this property offers unparalleled convenience and connectivity. Key Features: Strategic Location: Positioned for success, this office building is a stone's throw away from Settlers Ridge, a hub of retail, dining, and entertainment, providing an enticing environment for employees and clients alike. Easy Access: With proximity to the Parkway and major highways, commuting is a breeze, facilitating seamless connections to Downtown Pittsburgh and the Greater Pittsburgh International Airport. Income-Generating Potential: Currently housing one tenant with a lease encompassing approximately 7,500 sqft, this property generates a robust income of $12,000+. This existing income stream offers a compelling financial foundation for potential investors. Versatile Space: Boasting 58,000 sqft of flexible space, the building is equipped to accommodate diverse business needs, making it an ideal investment for companies seeking to expand or establish a prominent presence in the region. Tenant-Friendly Amenities: Modern Facilities: Portions of the building were updated and designed to meet the demands of modern businesses, with state-of-the-art amenities and technological infrastructure, ensuring a conducive and efficient work environment. Sustainable Design: Embrace a commitment to sustainability with solid building features, appealing to conscious tenants and contributing to long-term cost savings. Investment Opportunity: Positioned in a high-demand area and offering an opportunity for a steady income stream, this office building represents not only a lucrative investment but also an opportunity for businesses seeking a strategic and accessible location. Contact Us: Seize this rare opportunity to own a prime piece of real estate in the thriving Robinson Township business landscape. For inquiries and to schedule a viewing, please contact Mark Handlovitch. Elevate your business to new heights with this extraordinary office space. Investment Highlights Prime Location: Strategically situated next to Settlers Ridge, this 58,000 sqft main building offers a coveted location with proximity to major highways, including the Parkway and I-79. The ease of access to both Downtown Pittsburgh and the Greater Pittsburgh International Airport enhances the property's market appeal. Diverse Income Streams: Currently a portion is leased to one tenant, the property generates a steady income. This existing cash flow provides investors with immediate returns and stability, making it an attractive opportunity for those seeking reliable revenue. Versatile Use: The main building, complemented by detached garages, offers a versatile space suitable for various business purposes. This adaptability allows for potential expansion or diversification, catering to a broad range of tenant needs. Ample Parking: The property boasts abundant parking space, a valuable asset for tenants and their clients. Ample parking enhances the overall accessibility of the property, contributing to tenant satisfaction and long-term lease commitments. Settlers Ridge Proximity: Being adjacent to Settlers Ridge, a bustling retail and entertainment hub, provides a unique advantage. The vibrant surroundings create an attractive environment for businesses and contribute to increased foot traffic and visibility. Transportation Connectivity: With convenient access to major highways, including the Parkway and I-79, the property facilitates easy commuting for tenants and employees. This connectivity enhances the property's appeal, especially for businesses requiring frequent travel to downtown or the airport. Tenant-Friendly Features: Portions of the building were updated and is equipped with features designed to meet the modern needs of tenants, ensuring a comfortable and efficient workspace. This includes amenities that enhance productivity and contribute to tenant satisfaction. Potential for Growth: Positioned in a high-demand location, the property holds significant potential for future appreciation and growth. Investors can capitalize on the area's development trends, contributing to the long-term value of the investment. Proven Income Performance: The property's current income generated by two tenants provides a tangible demonstration of its income-producing capabilities. This established track record adds credibility and reduces risk for potential investors. Professional Management: Highlighting a professional property management company currently in place to ensure smooth operations, maintenance, and tenant relations. Investors looking for a well-located property with diverse income streams, growth potential, and tenant-friendly features will find this investment opportunity particularly compelling.

FOR SALE DETAILS

PRICE

$1,499,000 USD

PRICE/SF

$26 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

67

LAND DETAILS

LAND ACRES

4.7 AC

LAND SF

204,630 SF

ZONING

C-3

APN/PARCEL ID

0265-F-00310-0000-00,0265-F-00344-0000-00,0265-K-00232-0000-00

ASK ABOUT THIS PROPERTY

Mark HandlovitchRE/MAX Real Estate Solutions Inc.More Info
412-366-2900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Mark HandlovitchRE/MAX Real Estate Solutions Inc.More Info
412-366-2900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.