Operating Funeral Home With
For Sale
Contact for pricing
1519 Renton Road, Pittsburgh, PA 15239
Established funeral home with dedicated service areas, professional equipment, parking, and an independently accessed residential apartment.
Property Size2,562 SF
Price / SF$155.74
Days on Market8
Property Features for 1519 Renton Road
General Information
Standard status
Active
Size
2,562 SF
Total Parking Spaces
31
Property subtype
Office, Special Purpose, Business for Sale
Additional Details
Business Included
Yes
Amenities
backup generator
lift
accessible entrance
accessible restroom
Building Details
Buildings
2
Stories
3
Listing Agency:
RE/MAX Select Realty
Listed By:
Michelle Grasinger · License #PA RS155670A
Source:
Crexi
Added: Jul 29
Changed: Aug 3
Last Checked: Aug 5 at 11:17AM
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 RE/MAX Select Realty
Investment Insights
Based on property information with market context.
This established funeral home includes the real estate, goodwill, furnishings, and professional equipment. The approximately 1,421-square-foot main level contains a foyer, office, parlor, two viewing rooms, accessible restroom, and accessible entrance. The lower level adds a fully equipped preparation room and multiple storage areas, with a lift connecting it to the main floor. A backup generator supports operational continuity.
The second floor is separately accessed and configured as a 2-bedroom, 1 1/2 bath apartment with an eat-in kitchen and living room. Exterior improvements include approximately 31 parking spaces and a detached two-car garage. The property is zoned residential, with the established funeral home use permitted to continue. Located at 1519 Renton Road in Pittsburgh, PA 15239, the offering combines an operating funeral home, business assets, specialized facilities, and an on-site residential component.
The second floor is separately accessed and configured as a 2-bedroom, 1 1/2 bath apartment with an eat-in kitchen and living room. Exterior improvements include approximately 31 parking spaces and a detached two-car garage. The property is zoned residential, with the established funeral home use permitted to continue. Located at 1519 Renton Road in Pittsburgh, PA 15239, the offering combines an operating funeral home, business assets, specialized facilities, and an on-site residential component.
Key Highlights
- Established funeral home business, real estate, goodwill, furnishings, and professional equipment included
- Approximately 1,421‑square‑foot main level with foyer, office, parlor, two viewing rooms, and accessible facilities
- Lower level includes fully equipped preparation room, multiple storage areas, and lift access
Financial Insights For Mixed Use
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 | $49.2k | $19.20 |
| − Vacancy | −$3.4k | −$1.34 |
| EGI | $45.7k | $17.86 |
| − OpEx | −$17.2k | −$6.70 |
| NOI | $28.6k | $11.16 |
2,562 SF · lease $19.20/SF/yr · vacancy 7.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$408.5K
$357.4K – $476.5K
NOI $28,592 @ 7.0% cap · market cap 7.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$815.9K
$714.0K – $951.9K
NOI $57,116 @ 7.0% cap · market cap 14.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Explore this area
Business Placement
Demographics for 15239, PA
21,211
Population
8,885
Households
2.4
Avg Household Size
43
Median Age
43%
College-Educated
97%
High-School Grad
16.3 sq mi
ZIP Area
1,301
Density / Sq Mi
$101,782
Median Household Income
$56,995
Median Earnings
$1,182
Median Rent
$214,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Specialty property - Established funeral home with dedicated service areas, professional equipment, parking, and an independently accessed residential apartment.
Where is this specialty property located?
The property is located at 1519 Renton Road Pittsburgh, PA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Established funeral home business, real estate, goodwill, furnishings, and professional equipment included; Approximately 1,421‑square‑foot main level with foyer, office, parlor, two viewing rooms, and accessible facilities; Lower level includes fully equipped preparation room, multiple storage areas, and lift access
