Bright Retail Building with
209 S Craig St Pittsburgh, PA 15213
209 S Craig St, Pittsburgh, PA, 15213
Contact for pricing
For Sale
Contact for pricing
Two-story retail building offers clean hardwood floors, open layout, and large windows with strong natural light.
Property Size2,592 SF
Price / SF$327.93
Days on Market20
Property Features for 209 S Craig St
General Information
- Standard status
- Active
- Size
- 2,592 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1900
Listing agency
Keller Williams Realty
(412) 682-0120
Listed by
Jean Ou · License #rs334288
Source
Crexi
Added: Jul 2 Updated: Jul 21 at 7:43AM Checked: Jul 21 at 7:43AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This two-story retail building is available for sale. The first and second floors were previously used as a hair salon and feature clean hardwood flooring, an open work area, and large windows designed to bring in natural light.
The property is located right on the campus of CMU, and it sits within a retail environment with major nearby stores.
The entire building is offered for sale, providing an owner the option to reconfigure the interior based on a buyer’s operating needs while retaining the building’s bright, windowed retail character.
The property is located right on the campus of CMU, and it sits within a retail environment with major nearby stores.
The entire building is offered for sale, providing an owner the option to reconfigure the interior based on a buyer’s operating needs while retaining the building’s bright, windowed retail character.
Key Highlights
- Two‑story retail building built in 1900 for sale
- First and second floors previously used as a hair salon
- Clean hardwood flooring throughout
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 | $46.7k | $18.00 |
| − Vacancy | −$3.5k | −$1.35 |
| EGI | $43.2k | $16.65 |
| − OpEx | −$12.9k | −$5.00 |
| NOI | $30.2k | $11.66 |
2,592 SF · lease $18.00/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$431.6K
$377.6K – $503.5K
NOI $30,210 @ 7.0% cap · market cap 3.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$825.5K
$722.3K – $963.1K
NOI $57,785 @ 7.0% cap · market cap 6.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mark Anthony
Hair Salon
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Two-story retail building offers clean hardwood floors, open layout, and large windows with strong natural light.
Where is this retail space located?
The property is located at 209 S Craig St Pittsburgh, PA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two‑story retail building built in 1900 for sale; First and second floors previously used as a hair salon; Clean hardwood flooring throughout
