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Mixed-Use Property with Apartments
For Sale
$259,900

626-628 Pittsburgh St, Springdale, PA 15144

CommercialSale, Springdale Boro, PA

Property Size2,880 SF
Lot Size0.11 Acres
Price / SF$90.24
Days on Market128

Property Features for 626-628 Pittsburgh St

General Information

Property type Commercial Sale
Property subtype Other
Zoning comme
Zoning description comme
Directions Use GPS
Subdivision Springdale Boro
Standard status Active
Lot size 0.11 Acres

Taxes and HOA fees

Tax Annual Amount 2645

Amenities

full basement
Listing Agency: COLDWELL BANKER REALTY · Coldwell Banker Real Estate
Listed By: Robert Strohm · License #RS189629
Added: Jun 5 Changed: Oct 8 Last Checked: Oct 10 at 6:06AM
MLS# 1758501

Copyright © 2026 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use building contains approximately 2,880 square feet, with commercial space on the first floor and two apartments on the upper level. Each apartment includes one refrigerator and one range. A full basement provides additional building space, and the parcel measures 0.1095 acres.

The property is located at 626-628 Pittsburgh St in Springdale Boro, Pennsylvania.

Key Highlights

  • Approximately 2,880 square feet of mixed‑use space
  • Ground‑floor commercial area with two apartments upstairs
  • One refrigerator and one range in each apartment

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,406
Cap Rate
8.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,120 $448.1K
Cap Rate 7%
$320,086 $320.1K
Cap Rate 9%
$248,956 $249.0K
Market Conditions
NOI Build-Up for 2,880 SF
Gross rent
$43.2K $15.00/SF
− Vacancy
−$2.5K −$0.86/SF
EGI
$40.7K $14.15/SF
− OpEx
−$18.3K −$6.37/SF
NOI
$22.4K $7.78/SF
Area
Allegheny County, PA
Vacancy
5.70%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,120
Cap Rate 7%
$320,086
Cap Rate 9%
$248,956

Alternative Uses

Best Use
Retail
$479.5K
$419.6K – $559.4K (±1% cap)
NOI $33,566 @ 7.0% cap · market cap 12.91%
Second Best
Mixed Use
$416.6K
$364.5K – $486.0K (±1% cap)
NOI $29,160 @ 7.0% cap · market cap 11.22%
Theoretical Best
Office A
$733.6K
$641.9K – $855.9K (±1% cap)
NOI $51,351 @ 7.0% cap · market cap 19.76%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Bakery (Bike/Boat/Book/etc) Store Barber Shop Kitchen & Bath Showroom

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

316
Businesses Nearby
5k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
5,375 visits/mo 0.3 miles

Demographics for 15144, PA

3,998
Population
2,065
Households
1.9
Avg Household Size
46
Median Age
28%
College-Educated
95%
High-School Grad
2.1 sq mi
ZIP Area
1,904
Density / Sq Mi
$58,925
Median Household Income
$43,059
Median Earnings
$906
Median Rent
$140,100
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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The building combines ground-floor commercial space with two apartments above.
Where is this mixed-use property located?
The property is located at 626-628 Pittsburgh St Springdale, PA.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Approximately 2,880 square feet of mixed‑use space; Ground‑floor commercial area with two apartments upstairs; One refrigerator and one range in each apartment
More about this property
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