1721 Jane St - Freestanding FOR SALE


Pittsburgh, PA 15203- Southside Flats
$595,000 USD
412-535-8085
1721 Jane St, Pittsburgh, PA for Sale
$595,000 USD
Freestanding - FOR SALE
1/1
null | Request Cap Rate

1721 Jane St
Pittsburgh, PA 15203
Southside Flats


HIGHLIGHTS

  • Turnkey event / concert venue or redevelopment opportunity
  • 4 Sides brick construction
  • Well-maintained asset
  • Located in the South Side - within steps to E Carson Street

OVERVIEW

SVN is pleased to present 1721 Jane St located in Pittsburgh's South Side neighborhood. Opportunity to purchase an operable, historic property that was originally built in the 1870's and then rebuilt in 1908. The property has been preserved and well maintained throughout the years. The current layout allows for several different possible uses, including: Concert Venue, Wedding Venue, Event Facility, Restaurant, Social Hall, etc. The property could also be redeveloped into apartments, condos, or offices. There is currently one residential apartment that is leased and a couple tenants leasing office / studio space. The building has a lot size and floor plate of 7920 SF with a mezzanine level above that could be expanded into another full floor. There is also a partially above grade basement that is an additional 7920 SF. The total potential SF, if redeveloped would be over 22,000 SF. The building occupancy is 293 people. Currently there is a lease in-place for $1000/month for an apartment and a few $300/month leases for offices, on a month to month basis. Utilities include, 2 water lines, 2 electric services (single and three phase) and 1 gas line.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$27 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1870

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

R1A-VH

APN/PARCEL ID

0012-J-00180-0000-00

ASK ABOUT THIS PROPERTY

Chris ParkeSVN | Three Rivers Commercial AdvisorsMore Info
412-535-8085

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

Chris ParkeSVN | Three Rivers Commercial AdvisorsMore Info
412-535-8085

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