2014-2016 Noble St - Office FOR SALE


Swissvale, PA 15218
$319,000 USD
412-999-7612
2014-2016 Noble St, Swissvale, PA for Sale
$319,000 USD
Office - FOR SALE
1/19
null | 9.53% Cap Rate

2014-2016 Noble St
Swissvale, PA 15218


HIGHLIGHTS

  • Large parking lot
  • 9 miles from downtown Pittsburgh
  • Less than one mile from major roadway

OVERVIEW

2016 Noble Street is home to a successful Daycare with a large parking lot (a separate parcel), gorgeous architecture, a long term tenant and $30,408 net annual income! Located just 9 miles outside of downtown Pittsburgh in Swissvale's Central Business District, it is 15 minutes from the Waterfront, 10 minutes from Kennywood Park, and less than a mile from route 376! Formerly the Swissvale bank, you are sure to appreciate the historic beauty of your next income producing property! Tenant pays gas, electric, water, lawn/shrubbery care, snow removal. Newer HVAC system installed. Tenant has been in the property since 2019 and recently renewed the net lease for another 5 years through 2029. Tenant pays $3300/month ($39,600 gross annual income). Annual taxes of $7,490 and 2023 insurance premium at $1,702. Net annual income of $30,408. Showings cannot occur during Daycare hours.

FOR SALE DETAILS

PRICE

$319,000 USD

PRICE/SF

$64 USD /SF

CAP RATE

9.53%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Day Care Center, Garden Center

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

-

APN/PARCEL ID

0178-D-00298-0000-00,0178-D-00301-0000-00

ASK ABOUT THIS PROPERTY

Bill SmithSouthbound Enterprises LLCMore Info
412-999-7612

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Bill SmithSouthbound Enterprises LLCMore Info
412-999-7612

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