Multi-Tenant Mixed-Use
For Sale
Under Contract
$545,000
668 Pittsburgh Rd., Butler, PA 16002
CommercialSale, Penn Twp, PA
Property Size6,896 SF
Lot Size0.90 Acres
Price / SF$79.03
Days on Market438
Property Features for 668 Pittsburgh Rd.
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
C-2
Zoning description
C-2
Parking
14
Directions
use GPS
Subdivision
Penn Twp - BUT
Standard status
Active Under Contract
Lot size
0.90 Acres
Taxes and HOA fees
Tax Annual Amount
3495
Building Details
Building materials
Brick
Listing Agency:
REALTY ONE GROUP GOLD STANDARD
(724) 941-1427
Listed By:
David Strejeck · License #RS352616
(301) 325-1213
Added: Jul 30, 2025
Changed: Oct 8
Last Checked: Oct 10 at 7:06PM
MLS# 1714140
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 brick mixed-use property encompasses approximately 6,896 square feet on a 0.9-acre site. Three long-standing tenants occupy the property, providing an existing multi-tenant configuration. The site is zoned C-2.
The property is in Penn Township, Butler County, near Pittsburgh and situated just off a busy highway. Its parking lot was recently sealed and lined, with 15 spaces in front and approximately 10 spaces at the rear.
The property is in Penn Township, Butler County, near Pittsburgh and situated just off a busy highway. Its parking lot was recently sealed and lined, with 15 spaces in front and approximately 10 spaces at the rear.
Key Highlights
- Approximately 6,896 square feet on a 0.9‑acre site
- Three long‑standing tenants
- C‑2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,514
Cap Rate
8.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$910,280
$910.3K
Cap Rate 7%
$650,200
$650.2K
Cap Rate 9%
$505,711
$505.7K
Market Conditions
NOI Build-Up for 6,896 SF
Gross rent
$82.8K $12.00/SF
− Vacancy
−$9.9K −$1.44/SF
EGI
$72.8K $10.56/SF
− OpEx
−$27.3K −$3.96/SF
NOI
$45.5K $6.60/SF
Area
Butler County, PA
Vacancy
12.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$910,280
Cap Rate 7%
$650,200
Cap Rate 9%
$505,711
Alternative Uses
Best Use
Retail
$993.0K
$868.9K – $1.16M
NOI $69,512 @ 7.0% cap · market cap 12.75%
Second Best
Mixed Use
$650.2K
$568.9K – $758.6K
NOI $45,514 @ 7.0% cap · market cap 8.35%
Theoretical Best
Office A
$1.76M
$1.54M – $2.05M
NOI $122,956 @ 7.0% cap · market cap 22.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
69
Businesses Nearby
Explore this area
Business Placement
Demographics for 16002, PA
15,379
Population
6,573
Households
2.3
Avg Household Size
47
Median Age
26%
College-Educated
96%
High-School Grad
73.3 sq mi
ZIP Area
210
Density / Sq Mi
$82,676
Median Household Income
$40,159
Median Earnings
$787
Median Rent
$256,200
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 Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three established tenants occupy a brick property zoned C-2, with parking at both the front and rear.
Where is this mixed-use property located?
The property is located at 668 Pittsburgh Rd. Butler, PA.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Approximately 6,896 square feet on a 0.9‑acre site; Three long‑standing tenants; C‑2 zoning
