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    59 S 2Nd St Pittsburgh, PA 15215

    For Sale
    $19,375,000

    55,780 SF Pittsburgh facility, leased to Big Spring Spirits.

    Property size:
    55,780 SF
    Lot size:
    0.40 Acres

    Property Features for 59 S 2Nd St

    General Information

    Size
    55,780 SF
    Lot size
    0.40 Acres

    Source: Sands Investment Group (SIG) - Corporate Agent Clifton McCrory

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pittsburgh Industrial Facility For Sale

    This 55,780 square foot facility in Pittsburgh, Pennsylvania is available for sale. The property is fully leased to Big Spring Spirits on a 15-year absolute triple net (NNN) leaseback. The lease includes 2.5% annual rent increases.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.90572
    Latitude
    40.492002

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    FAQs

    What type of property is this?
    Manufacturing property - 55,780 SF Pittsburgh facility, leased to Big Spring Spirits.
    Where is this manufacturing property located?
    The property is located at 59 S 2Nd St Pittsburgh, PA.
    What is the asking price?
    The asking price for this property is $19,375,000.
    What are key features of this property?
    This property features: - Secure and highly attractive investment opportunity.; - Fully leased to Big Spring Spirits.; - 15-year absolute NNN sale-leaseback.
    (540) 255-5496
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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
    59 S 2Nd St Pittsburgh, PA 15215
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