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Corner Lower-Level Retail Space
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610 Wood St., Pittsburgh, PA 15222

Lower-level retail space with 12-foot ceilings and ADA-compliant elevator access in a historic Downtown Pittsburgh setting.

Property Size42,120 SF
Price / SF$0.00
Days on Market208

Property Features for 610 Wood St.

General Information

Standard status Active
Size 42,120 SF
Property subtype Retail
Lease Term MG

Site & Location

Neighborhood Downtown

Additional Details

Clear Height 12 ft

Amenities

elevator (ADA compliant)

Building Details

Building Size 42,120 SF
Year Built 1891

Properties For Sale

at 610 Wood St.
610 Wood St - Lower Level Retail Space
Size 5,000 SF
Term Negotiable
Contact us
Listing Agency: SVN | Three Rivers Commercial Advisors
Listed By: Keane George · License #PA #RS317489
Source: Svn
Added: Apr 1 Changed: Oct 25 Last Checked: Oct 24 at 2:32PM

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.

This property provides 5,000 SF of lower level retail space situated on the corner of Liberty Avenue and Wood Street. The space features 12-foot ceilings and street level signage availability, with access provided by an ADA-compliant elevator. The building is described as historic and is located in Pittsburgh’s Central Business District.

The property’s downtown setting places it within steps of major employers, government offices, universities, and cultural attractions, including the Cultural District and the David L. Lawrence Convention Center. Walkable connections to restaurants, hotels, and residential developments are also noted in the remarks. A tenant/buyer agent fee of 5% is referenced in the public remarks.

Key Highlights

  • 5,000 SF lower‑level retail space on the corner of Liberty Ave and Wood St in Downtown Pittsburgh
  • 12‑foot ceilings in the lower‑level retail space
  • Street‑level signage available on Liberty Ave and Wood St

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$58,275
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,165,500 $1.2M
Cap Rate 7%
$832,500 $832.5K
Cap Rate 9%
$647,500 $647.5K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$90.0K $18.00/SF
− Vacancy
−$6.8K −$1.35/SF
EGI
$83.3K $16.65/SF
− OpEx
−$25.0K −$5.00/SF
NOI
$58.3K $11.66/SF
Area
Pittsburgh, PA
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,165,500
Cap Rate 7%
$832,500
Cap Rate 9%
$647,500

Alternative Uses

Best Use
Retail
$832.5K
$728.4K – $971.3K (±1% cap)
NOI $58,275 @ 7.0% cap · market cap 728,437.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.59M
$1.39M – $1.86M (±1% cap)
NOI $111,468 @ 7.0% cap · market cap 1,393,350.00%
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

DGX Grocery & Convenience Store Public Welfare Department Social Service Agency Chase ATM Atm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Furniture & Home Goods Veterinary Clinic Electrical Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12 ft
Clear height

Location Intelligence

Trade Area within ½ mile

8,050
Businesses Nearby
Balanced
Demand for This Use

Demographics for 15222, PA

5,976
Population
4,008
Households
1.5
Avg Household Size
33
Median Age
77%
College-Educated
99%
High-School Grad
0.9 sq mi
ZIP Area
6,640
Density / Sq Mi
$111,926
Median Household Income
$61,190
Median Earnings
$1,963
Median Rent
$557,800
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 Pittsburgh, PA

5.1% 2019
5.5% 2020
5.5% 2021
4.8% 2022
4.6% 2023
4.4% 2024
6.4% 2025

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Frequently Asked Questions

What type of property is this?
Storefront property - Lower-level retail space with 12-foot ceilings and ADA-compliant elevator access in a historic Downtown Pittsburgh setting.
Where is this storefront property located?
The property is located at 610 Wood St. Pittsburgh, PA.
What are key features of this property?
This property features: 5,000 SF lower‑level retail space on the corner of Liberty Ave and Wood St in Downtown Pittsburgh; 12‑foot ceilings in the lower‑level retail space; Street‑level signage available on Liberty Ave and Wood St
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