Mt. Washington Office/Residential
For Sale
$1,650,000
55 Wyoming St, Pittsburgh, PA 15211
10,505 SF building in Pittsburgh's Mt. Washington neighborhood.
Property Size10,505 SF
Price / SF$157.07
Days on Market209
Property Features for 55 Wyoming St
General Information
Standard status
Active
Size
10,505 SF
Class
C
Property subtype
Office - General Office
Building Details
Building Size
10,505 SF
Listing Agency:
SVN | Three Rivers Commercial Advisors
Listed By:
Richard L. Beynon · License ##AB068671
(412) 536-5036
Source:
Commercialcafe
Added: Mar 26
Changed: Oct 19
Last Checked: Oct 19 at 4:12AM
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
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Investment Insights
Based on property information with market context.
Located in Pittsburgh's Mt. Washington neighborhood, 55 Wyoming St presents a 10,505 SF, 3-story building suitable for office or residential conversion. The property offers views of the city and river. It includes parking for 17 cars, providing accessibility for tenants or visitors.
Key Highlights
- City and river views
- Parking for 17 cars
- 10,505 SF, 3‑story building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$134,197
Cap Rate
8.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,683,940
$2.7M
Cap Rate 7%
$1,917,100
$1.9M
Cap Rate 9%
$1,491,078
$1.5M
Market Conditions
NOI Build-Up for 10,505 SF
Gross rent
$237.0K $22.56/SF
− Vacancy
−$58.1K −$5.53/SF
EGI
$178.9K $17.03/SF
− OpEx
−$44.7K −$4.26/SF
NOI
$134.2K $12.77/SF
Area
Pittsburgh, PA
Vacancy
24.50%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,683,940
Cap Rate 7%
$1,917,100
Cap Rate 9%
$1,491,078
Alternative Uses
Best Use
Office B
$1.92M
$1.68M – $2.24M
NOI $134,197 @ 7.0% cap · market cap 8.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.35M
$2.93M – $3.90M
NOI $234,193 @ 7.0% cap · market cap 14.19%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,380
Businesses Nearby
Explore this area
Business Placement
Demographics for 15211, PA
10,935
Population
6,700
Households
1.6
Avg Household Size
36
Median Age
53%
College-Educated
97%
High-School Grad
1.6 sq mi
ZIP Area
6,834
Density / Sq Mi
$75,522
Median Household Income
$48,913
Median Earnings
$1,355
Median Rent
$207,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Pittsburgh, PA
Frequently Asked Questions
What type of property is this?
Office building - 10,505 SF building in Pittsburgh's Mt. Washington neighborhood.
Where is this office building located?
The property is located at 55 Wyoming St Pittsburgh, PA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: City and river views; Parking for 17 cars; 10,505 SF, 3‑story building
