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    112 3rd Ave Carnegie, PA 15106

    Sponsored
    For Sale
    $1,750,000

    Class A, fully renovated, prime location.

    Property size:
    18,204 SF

    Description

    Added:
    Jan 20, 2025
    Days on Market:
    351
    This exceptional two-story, Class A office and medical building in Carnegie, PA, presents a unique investment opportunity. The 18,204 square foot building has undergone a complete renovation, boasting a modern and well-maintained interior. Situated on a 0.42-acre lot, the property offers convenient access to downtown Pittsburgh (approximately 15 minutes away) and Interstate 376. The building features ample parking with two spaces included, elevator access, and abundant natural light thanks to skylights and large windows. The versatile layout includes numerous large offices, conference rooms, open cubicle space, kitchens, bathrooms, and reception/storage areas. All office furniture is potentially included in the sale. Significant capital improvements have recently been completed, including a new roof, HVAC system, paint, and carpeting. The building currently has a single occupant, but the seller is open to considering an attractive leaseback arrangement. A garage with a roll-up door adds further functionality. This property is ideal for a variety of uses, offering a blend of modern amenities and a desirable location. The asking price is $1,750,000.

    Property Features for 112 3rd Ave

    General Information

    Property type
    Other office properties
    Square Feet
    18,204 SF
    Price / Square Foot
    $96
    Class
    A
    Elevators
    N/A
    Lot Size
    18,204 SF

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • Fully renovated Class A office & medical building in Carnegie, PA.
    • Prime location: 15 minutes from downtown Pittsburgh, near I‑376.
    • Features elevator, ample parking, and potential leaseback opportunity.
    Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Carnegie
    State
    Pennsylvania
    Longitude
    -80.089683
    Latitude
    40.40487

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    FAQs

    What type of property is this?
    Office property - Class A, fully renovated, prime location.
    Where is this office property located?
    The property is located at 112 3rd Ave Carnegie, PA.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: Fully renovated Class A office & medical building in Carnegie, PA.; Prime location: 15 minutes from downtown Pittsburgh, near I-376.; Features elevator, ample parking, and potential leaseback opportunity.
    (724) 759-5164
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    112 3rd Ave Carnegie, PA 15106
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