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    Service Garage on Corner Lot Title is generated by Realmo AI

    1650 Lebanon Church Rd, Pittsburgh, PA

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    2,400 SF service garage on 0.42 acres for sale.

    Type:RETAIL
    Property size:
    2,400 SF
    Lot size:
    0.43 Acres
    Price / SF:
    $225/SF
    Added:
    Dec 11, 2023
    Days on Market:
    916
    Last Refresh:
    May 20 at 8:16 pm

    Property Features for 1650 Lebanon Church Rd

    General Information

    Standard status
    Active
    Size
    2,400 SF
    Lot size
    0.43 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Kevin D. Langholz
    Kevin D. Langholz

    Listing agent Kevin D. Langholz License #RM422922

    Listing office Hanna Commercial Real Estate | Pittsburgh

    Listing date Dec 11, 2023

    Source Moodyscre

    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 Hanna Commercial Real Estate | Pittsburgh

    HighLights

    • Signalized corner location opposite Target
    • Traffic counts of over 34,428 along Lebanon Church Road
    • Great site for an existing business or a redevelopment opportunity
    • 2,400 SF Service Garage on .42 acres
    • Access via Lebanon Church Road and Regis Avenue
    • Pylon signage

    Overview

    This property features a 2,400-square-foot service garage situated on 0.42 acres. The location benefits from high traffic counts, with over 34,428 vehicles passing along Lebanon Church Road daily. It is positioned on a signalized corner, directly opposite a Target store. The property includes pylon signage and offers access from both Lebanon Church Road and Regis Avenue. The site is suitable for an existing business or presents a redevelopment opportunity. Additionally, the property features freestanding signage.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $43.2k $18.00
    − Vacancy −$3.2k −$1.35
    EGI $40.0k $16.65
    − OpEx −$12.0k −$5.00
    NOI $28.0k $11.66
    2,400 SF · lease $18.00/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $399.6K
    $349.7K – $466.2K (±1% cap)
    NOI $27,972 @ 7.0% cap · market cap 5.18%
    Second Best
    Industrial
    $193.6K
    $169.4K – $225.9K (±1% cap)
    NOI $13,555 @ 7.0% cap · market cap 2.51%
    Theoretical Best
    Office A
    $764.3K
    $668.8K – $891.7K (±1% cap)
    NOI $53,504 @ 7.0% cap · market cap 9.91%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Olympic Window & Doors Hardware & Home Improvement

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Precision Auto Express Repair — 136 Clairton Blvd, Pleasant Hills, PA 15236
    • Proactive Roadside Assistance — 117 Curry Hollow Rd, Pleasant Hills, PA 15236
    • RAC Appearance — 225 Clairton Blvd, Pittsburgh, PA 15236
    • Gulf Express Lube & Auto Service — 173 Clairton Blvd, PA-51, Pleasant Hills, PA 15236
    • Truck-N-Stuff Accessories Center — 95 Clairton Blvd, Pittsburgh, PA 15236

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.9525
    Latitude
    40.3473

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    FAQs

    What type of property is this?
    Auto shop - 2,400 SF service garage on 0.42 acres for sale.
    Where is this auto shop located?
    The property is located at 1650 Lebanon Church Rd Pittsburgh, PA.
    What is the asking price?
    The asking price for this property is $540,000.
    What are key features of this property?
    This property features: Signalized corner location opposite Target; Traffic counts of over 34,428 along Lebanon Church Road; Great site for an existing business or a redevelopment opportunity
    (412) 261-2200 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kevin D. Langholz
    Kevin D. Langholz
    Real Estate License ID: RM422922
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