Gas Station with Street
219 E Pittsburgh St, Greensburg, PA 15601
For Sale
Contact for pricing
An operating tenant occupies the property under a lease with renewal options.
Property Size2,589 SF
Lot Size1.12 Acres
Price / SF$347.62
Days on Market11
Property Features for 219 E Pittsburgh St
General Information
Standard status
Size
Lot size
Property subtype
Automotive
Automotive Uses
Fuel Brand
Tenancy & Operations
Currently Operating
Tenant in Place
Real Estate Included
Additional Details
Road Access
Listing Agency:
SVN | Three Rivers Commercial Advisors
Listed By:
Grant Underwood · License #RB068270
(412) 715-4160
Source:
Crexi
Added: Oct 30
Changed: Nov 8
Last Checked: Nov 8 at 4:10PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,589-square-foot gas and service station occupies approximately 1.12 acres in Greensburg, Pennsylvania, with approximately 202 feet of frontage along Pittsburgh Street. The property is leased to an operator under an agreement expiring June 30, 2027, with five-year renewal options that may extend the tenancy through 2032. The gas contract is with BP/Greensburg Express LLC.
Key Highlights
- 2,589 SF gas and service station
- Approximately 1.12 acres with 202 feet of Pittsburgh Street frontage
- Tenant lease expires 6/30/27, with five‑year renewal options
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,680
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$653,600
$653.6K
Cap Rate 7%
$466,857
$466.9K
Cap Rate 9%
$363,111
$363.1K
Market Conditions
NOI Build-Up for 2,589 SF
Gross rent
$46.6K $18.00/SF
− Vacancy
−$3.0K −$1.17/SF
EGI
$43.6K $16.83/SF
− OpEx
−$10.9K −$4.21/SF
NOI
$32.7K $12.62/SF
Area
Westmoreland County, PA
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$653,600
Cap Rate 7%
$466,857
Cap Rate 9%
$363,111
Alternative Uses
Best Use
Specialty Retail
$466.9K
$408.5K – $544.7K
NOI $32,680 @ 7.0% cap · market cap 3.63%
Second Best
Retail
$426.4K
$373.1K – $497.5K
NOI $29,849 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$659.5K
$577.0K – $769.4K
NOI $46,162 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,670
Businesses Nearby
54k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 99%
Electronics 1%
GetGo Gas Station
Shops & Services
23,463 visits/mo
0.4 miles
Sunoco
Shops & Services
9,219 visits/mo
0.3 miles
Dollar General
Shops & Services
5,523 visits/mo
0.4 miles
Marathon Petroleum
Shops & Services
4,216 visits/mo
0.4 miles
Citizens Bank
Shops & Services
3,369 visits/mo
0.3 miles
Demographics for 15601, PA
57,141
Population
25,978
Households
2.2
Avg Household Size
47
Median Age
40%
College-Educated
96%
High-School Grad
80.6 sq mi
ZIP Area
709
Density / Sq Mi
$75,369
Median Household Income
$41,485
Median Earnings
$868
Median Rent
$209,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Gas station - An operating tenant occupies the property under a lease with renewal options.
Where is this gas station located?
The property is located at 219 E Pittsburgh St Greensburg, PA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 2,589 SF gas and service station; Approximately 1.12 acres with 202 feet of Pittsburgh Street frontage; Tenant lease expires 6/30/27, with five‑year renewal options
