Signalized Corner Retail
For Sale
$1,600,000
6200 Saltsburg Road, Pittsburgh, PA 15235
Retail building with flexible B-2 zoning, customer parking, and access for deliveries.
Property Size11,355 SF
Lot Size1.48 Acres
Days on Market98
Property Features for 6200 Saltsburg Road
General Information
Standard status
Active
Size
11,355 SF
Lot size
1.48 Acres
Property subtype
Retail
Zoning
B-2
Site & Location
Corner Location
Yes
Road Access
Yes
Building Details
Building Size
11,355 SF
Listing Agency:
Lee & Associates - Western Pennsylvania
Listed By:
Dana Grau, SIOR, CCIM · License #RS200446L
(412) 512-3737
Source:
Lee-associates
Added: Jul 28
Changed: Nov 1
Last Checked: Nov 1 at 3:44AM
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 Lee & Associates - Western Pennsylvania
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Investment Insights
Based on property information with market context.
This 11,355-square-foot retail property occupies 1.48± acres at a signalized intersection. The site includes on-site parking and accommodates customer and delivery access through its ingress and egress configuration. B-2 Commercial zoning supports retail, office, medical, and service-oriented uses.
The property is positioned at Saltsburg Road and Leechburg Road in Penn Hills, within the Pittsburgh MSA. Its corner setting provides access to a dense residential and commuter population in Penn Hills and surrounding neighborhoods. The combination of building area, lot size, parking, and flexible commercial zoning supports a range of retail and service applications.
The property is positioned at Saltsburg Road and Leechburg Road in Penn Hills, within the Pittsburgh MSA. Its corner setting provides access to a dense residential and commuter population in Penn Hills and surrounding neighborhoods. The combination of building area, lot size, parking, and flexible commercial zoning supports a range of retail and service applications.
Key Highlights
- 11,355‑square‑foot retail property on 1.48± acres
- Signalized corner at Saltsburg Road and Leechburg Road
- B‑2 Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$145,056
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,901,120
$2.9M
Cap Rate 7%
$2,072,229
$2.1M
Cap Rate 9%
$1,611,733
$1.6M
Market Conditions
NOI Build-Up for 11,355 SF
Gross rent
$256.2K $22.56/SF
− Vacancy
−$62.8K −$5.53/SF
EGI
$193.4K $17.03/SF
− OpEx
−$48.4K −$4.26/SF
NOI
$145.1K $12.77/SF
Area
ZIP 15235
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%
$2,901,120
Cap Rate 7%
$2,072,229
Cap Rate 9%
$1,611,733
Alternative Uses
Best Use
Office B
$2.07M
$1.81M – $2.42M
NOI $145,056 @ 7.0% cap · market cap 9.07%
Second Best
Healthcare Medical
$1.97M
$1.72M – $2.29M
NOI $137,595 @ 7.0% cap · market cap 8.60%
Theoretical Best
Office A
$3.62M
$3.16M – $4.22M
NOI $253,143 @ 7.0% cap · market cap 15.82%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
Explore this area
Business Placement
Demographics for 15235, PA
34,610
Population
16,942
Households
2
Avg Household Size
46
Median Age
36%
College-Educated
95%
High-School Grad
14.8 sq mi
ZIP Area
2,339
Density / Sq Mi
$62,292
Median Household Income
$40,511
Median Earnings
$1,048
Median Rent
$132,800
Median Home Value
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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?
Retail space - Retail building with flexible B-2 zoning, customer parking, and access for deliveries.
Where is this retail space located?
The property is located at 6200 Saltsburg Road Pittsburgh, PA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 11,355‑square‑foot retail property on 1.48± acres; Signalized corner at Saltsburg Road and Leechburg Road; B‑2 Commercial zoning
