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Mixed-Use Building with Apartments
New
For Sale
$800,000

1-9 Bailey Ave, Pittsburgh, PA 15211

Ground-floor commercial space is paired with two updated residences featuring separate gas and electric service.

Property SizeContact for details
Days on Market3

Property Features for 1-9 Bailey Ave

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Neighborhood Mount Washington
Mixed-Use Components commercial, residential

Additional Details

Multifamily Units 2

Building Details

Year Built 1906
Buildings 1
Listing Agency: Nexthome Ppm Realty
Listed By: Jackson Realty Group
Source: Jacksonrealty
Added: Oct 23 Last Checked: Oct 24 at 5:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nexthome Ppm Realty

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Investment Insights

Based on property information with market context.

This 1906 mixed-use property in Pittsburgh has commercial space on the ground floor and two updated residential units above. The residences have spacious layouts, large windows, and separate gas and electric service.

Both apartments look toward the Downtown Pittsburgh skyline. Street parking is available on Bailey Avenue, and the property information notes the possibility of adding off-street parking at the rear.

Key Highlights

  • Commercial ground floor with two residential units above
  • Two updated apartments with spacious layouts and large windows
  • Gas and electric service are separated by unit

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Furniture & Home Goods Carpet & Flooring Store Electrical Service Pet Grooming Service Tanning Salon Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

963
Businesses Nearby

Demographics for 15211, PA

10,935
Population
6,700
Households
1.6
Avg Household Size
36
Median Age
53%
College-Educated
97%
High-School Grad
1.6 sq mi
ZIP Area
6,834
Density / Sq Mi
$75,522
Median Household Income
$48,913
Median Earnings
$1,355
Median Rent
$207,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Pittsburgh, PA

5.1% 2019
5.5% 2020
5.5% 2021
4.8% 2022
4.6% 2023
4.4% 2024
6.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor commercial space is paired with two updated residences featuring separate gas and electric service.
Where is this mixed-use property located?
The property is located at 1-9 Bailey Ave Pittsburgh, PA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Commercial ground floor with two residential units above; Two updated apartments with spacious layouts and large windows; Gas and electric service are separated by unit
More about this property
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