Corner Retail/Office with
2351 Saw Mill Run Blvd Pittsburgh, PA 15210
2351 Saw Mill Run Blvd, Pittsburgh, PA, 15210
$375,000
For Sale
$375,000
Retail/office space with one drive-in door on a lot permitted for office and car sales.
Property Size1,400 SF
Lot Size0.22 Acres
Price / SF$267.86
Days on Market195
Property Features for 2351 Saw Mill Run Blvd
General Information
- Standard status
- Active
- Size
- 1,400 SF
- Lot size
- 0.22 Acres
- Property subtype
- Retail
Listing agency
HOWARD HANNA LANGHOLZ WILSON ELLIS
(412) 261-2200
Listed by
Jay Phoebe · License #RS195720L
Source
Xome
Added: Jan 7 Updated: Jul 21 at 7:19AM Checked: Jul 21 at 7:19AM
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 HOWARD HANNA LANGHOLZ WILSON ELLIS
Investment Insights
Based on property information with market context.
This retail/office property is located at a signalized corner of Rt 51 and Overbrook Road in the 32nd Ward of the City of Pittsburgh. The offering includes approximately 1,400 square feet of retail and office space, along with one drive-in door for accessible operations.
The property sits on a lot of approximately 9,500 square feet. A current occupancy permit is on file with the City of Pittsburgh for office use and a car sales lot, supporting use as an automotive sales location alongside the office component.
The configuration combines customer-facing retail/office space with drive-in access and a permitted car sales lot area, offering a straightforward setup for businesses that need both front-facing space and vehicle accommodation.
The property sits on a lot of approximately 9,500 square feet. A current occupancy permit is on file with the City of Pittsburgh for office use and a car sales lot, supporting use as an automotive sales location alongside the office component.
The configuration combines customer-facing retail/office space with drive-in access and a permitted car sales lot area, offering a straightforward setup for businesses that need both front-facing space and vehicle accommodation.
Key Highlights
- +/- 1,400 SF retail/office space with one drive‑in door
- Signalized corner location on Rt 51 and Overbrook Road (32nd Ward, City of Pittsburgh)
- 9,500 SF lot permitted for office and car sales
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 | $25.2k | $18.00 |
| − Vacancy | −$1.9k | −$1.35 |
| EGI | $23.3k | $16.65 |
| − OpEx | −$7.0k | −$5.00 |
| NOI | $16.3k | $11.66 |
1,400 SF · lease $18.00/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$233.1K
$204.0K – $272.0K
NOI $16,317 @ 7.0% cap · market cap 4.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$445.9K
$390.1K – $520.2K
NOI $31,211 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Used Car World ...
Car Dealership
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Retail/office space with one drive-in door on a lot permitted for office and car sales.
Where is this storefront property located?
The property is located at 2351 Saw Mill Run Blvd Pittsburgh, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: +/- 1,400 SF retail/office space with one drive‑in door; Signalized corner location on Rt 51 and Overbrook Road (32nd Ward, City of Pittsburgh); 9,500 SF lot permitted for office and car sales
