Flex Office Warehouse with
1641 Saw Mill Run Boulevard Pittsburgh, PA 15210
For Sale
Contact for pricing
Two-story building with office, flex, showroom, and warehouse space plus private off-street parking and fenced rear yard.
Property Size3,600 SF
Lot Size0.23 Acres
Price / SF$138.89
Days on Market8
Property Features for 1641 Saw Mill Run Boulevard
General Information
Standard status
Active
Size
3,600 SF
Lot size
0.23 Acres
Property subtype
Industrial
Building Details
Year Built
1985
Listing Agency:
RE/MAX HOME CENTER
(724) 260-5686
Listed By:
Brian Schmidt · License #PA RS219850L
Source:
Crexi
Added: Jul 23
Changed: Jul 28
Last Checked: Jul 28 at 8:47PM
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 HOME CENTER
Investment Insights
Based on property information with market context.
This two-story commercial building offers a versatile mix of office, flex, warehouse, and showroom space, with potential for light-industrial use. The property includes two grade-level drive-in doors, private off-street parking, and a fenced area behind the building that can support secure outdoor storage or work activity.
Located along Pittsburgh’s Route 51 corridor, the property benefits from strong visibility supported by PennDOT’s 2025 Annual Average Daily Traffic data indicating approximately 40,000 vehicles pass the site daily.
The site is on an approximately 0.23-acre lot with more than 10,000 square feet of land. The property is zoned NDI—Neighborhood Industrial, intended to accommodate a variety of industrial activities while remaining compatible with appropriate commercial and office uses. Buyers should verify intended use, occupancy and parking requirements, signage, outdoor storage, and permitting with the City of Pittsburgh.
Located along Pittsburgh’s Route 51 corridor, the property benefits from strong visibility supported by PennDOT’s 2025 Annual Average Daily Traffic data indicating approximately 40,000 vehicles pass the site daily.
The site is on an approximately 0.23-acre lot with more than 10,000 square feet of land. The property is zoned NDI—Neighborhood Industrial, intended to accommodate a variety of industrial activities while remaining compatible with appropriate commercial and office uses. Buyers should verify intended use, occupancy and parking requirements, signage, outdoor storage, and permitting with the City of Pittsburgh.
Key Highlights
- Approximately 3,600 SF two‑story commercial building built in 1985 with office, flex, warehouse, and showroom space
- NDI—Neighborhood Industrial zoning; intended to accommodate a variety of industrial activities with compatible commercial and office uses
- Located on an approximately 0.23‑acre lot with more than 10,000 SF of land and private off‑street parking
Financial Insights For Office B
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 | $81.2k | $22.56 |
| − Vacancy | −$19.9k | −$5.53 |
| EGI | $61.3k | $17.03 |
| − OpEx | −$15.3k | −$4.26 |
| NOI | $46.0k | $12.77 |
3,600 SF · lease $22.56/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$657.0K
$574.9K – $766.5K
NOI $45,989 @ 7.0% cap · market cap 9.20%
Second Best
Warehouse
$352.7K
$308.6K – $411.5K
NOI $24,689 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,257 @ 7.0% cap · market cap 16.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Ikaros Gourmet Co Inc DBA Simons Food Concessions — 1412 Chelton Ave, Pittsburgh, PA 15226
- Vic Fortunato & Co — 735 Brownsville Rd, Pittsburgh, PA 15210
Frequently Asked Questions
What type of property is this?
Flex space - Two-story building with office, flex, showroom, and warehouse space plus private off-street parking and fenced rear yard.
Where is this flex space located?
The property is located at 1641 Saw Mill Run Boulevard Pittsburgh, PA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Approximately 3,600 SF two‑story commercial building built in 1985 with office, flex, warehouse, and showroom space; NDI—Neighborhood Industrial zoning; intended to accommodate a variety of industrial activities with compatible commercial and office uses; Located on an approximately 0.23‑acre lot with more than 10,000 SF of land and private off‑street parking