Move-In-Ready Retail
For Sale
Contact for pricing
1202 Federal St, Pittsburgh, PA 15212
Recently renovated retail space on Pittsburgh’s Northside, well suited for retail, service, or neighborhood commercial use.
Property Size1,200 SF
Price / SF$1.92
Days on Market139
Property Features for 1202 Federal St
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Retail
Lease Term
NN
Building Details
Building Size
1,200 SF
Properties For Sale
at 1202 Federal St
1202 Federal Ave
Size
1,200 SF
Term
Negotiable
Listing Agency:
SVN | Three Rivers Commercial Advisors
Listed By:
Keane George · License #PA #RS317489
(724) 699-4707
Source:
Svn
Added: Jun 2
Changed: Oct 1
Last Checked: Oct 16 at 7:52AM
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 SVN | Three Rivers Commercial Advisors
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Investment Insights
Based on property information with market context.
This approximately 1,200 SF retail storefront is clean, move-in ready, and was completely renovated about three years ago. It has most recently been used as a beauty supply retail store, making it a practical option for operators looking for a turn-key space with a retail-ready presentation.
The property is located on Federal Street in Pittsburgh’s Northside on the main commercial corridor of the Central Northside historic district. The area is described as minutes from Acrisure Stadium, PNC Park, Stage AE, Rivers Casino, and the Carnegie Science Center, supporting year-round foot traffic tied to sports, concerts, and entertainment.
Given the recent renovation and flexible footprint, the space should work well for a variety of neighborhood-oriented concepts. It may be a strong fit for retail, service, boutique, wellness, salon, or studio uses, particularly for operators seeking visibility and activity in a well-established commercial area near major destinations.
The property is located on Federal Street in Pittsburgh’s Northside on the main commercial corridor of the Central Northside historic district. The area is described as minutes from Acrisure Stadium, PNC Park, Stage AE, Rivers Casino, and the Carnegie Science Center, supporting year-round foot traffic tied to sports, concerts, and entertainment.
Given the recent renovation and flexible footprint, the space should work well for a variety of neighborhood-oriented concepts. It may be a strong fit for retail, service, boutique, wellness, salon, or studio uses, particularly for operators seeking visibility and activity in a well-established commercial area near major destinations.
Key Highlights
- Approximately 1,200 SF of move‑in‑ready retail space on Federal Street in Pittsburgh’s Northside
- Space was completely renovated approximately three years ago and most recently used as a beauty supply retail store
- Recently renovated 1,200 SF layout is well suited for retail, service, boutique, wellness, salon, studio, or neighborhood commercial uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,986
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,720
$279.7K
Cap Rate 7%
$199,800
$199.8K
Cap Rate 9%
$155,400
$155.4K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$21.6K $18.00/SF
− Vacancy
−$1.6K −$1.35/SF
EGI
$20.0K $16.65/SF
− OpEx
−$6.0K −$5.00/SF
NOI
$14.0K $11.66/SF
Area
Pittsburgh, PA
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,720
Cap Rate 7%
$199,800
Cap Rate 9%
$155,400
Alternative Uses
Best Use
Retail
$199.8K
$174.8K – $233.1K
NOI $13,986 @ 7.0% cap · market cap 608.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$382.2K
$334.4K – $445.9K
NOI $26,752 @ 7.0% cap · market cap 1,163.13%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,331
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15212, PA
27,016
Population
15,937
Households
1.7
Avg Household Size
38
Median Age
37%
College-Educated
92%
High-School Grad
5.8 sq mi
ZIP Area
4,658
Density / Sq Mi
$61,712
Median Household Income
$45,325
Median Earnings
$1,114
Median Rent
$167,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Pittsburgh, PA
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Frequently Asked Questions
What type of property is this?
Storefront property - Recently renovated retail space on Pittsburgh’s Northside, well suited for retail, service, or neighborhood commercial use.
Where is this storefront property located?
The property is located at 1202 Federal St Pittsburgh, PA.
What are key features of this property?
This property features: Approximately 1,200 SF of move‑in‑ready retail space on Federal Street in Pittsburgh’s Northside; Space was completely renovated approximately three years ago and most recently used as a beauty supply retail store; Recently renovated 1,200 SF layout is well suited for retail, service, boutique, wellness, salon, studio, or neighborhood commercial uses
