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    Waterfront Drive Warehouse For Sale Title is generated by Realmo AI

    700 Waterfront Dr, Pittsburgh, PA

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    53,183 SF warehouse available on Waterfront Drive.

    Type:INDUSTRIAL
    Property size:
    53,183 SF
    Lot size:
    4.13 Acres
    Price / SF:
    $131/SF
    Added:
    Sep 1, 2025
    Days on Market:
    282
    Last Refresh:
    May 20 at 8:46 pm

    Property Features for 700 Waterfront Dr

    General Information

    Standard status
    Active
    Size
    53,183 SF
    Lot size
    4.13 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

    at 700 Waterfront Dr Contact us

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    Listing Contact
    Louis V. Oliva

    Listing agent Louis V. Oliva

    Listing office Newmark | Pittsburgh

    Listing date Sep 1, 2025

    Source Moodyscre

    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 Newmark | Pittsburgh

    HighLights

    • Tenant responsible for utilities.
    • Tenant responsible for janitorial services.
    • Tenant responsible for interior repair and maintenance.
    • Tenant responsible for real estate taxes.
    • Tenant responsible for fire casualty insurance.
    • Tenant responsible for general liability insurance.

    Overview

    This 53,183 square foot warehouse property is available for sale. The tenant is responsible for utilities, janitorial services, interior repairs and maintenance, real estate taxes, fire casualty insurance, general liability insurance, and common area maintenance, including landscaping and snow removal. The property is located on Waterfront Drive in Pittsburgh, PA.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $453.1k $8.52
    − Vacancy −$24.0k −$0.45
    EGI $429.1k $8.07
    − OpEx −$64.4k −$1.21
    NOI $364.7k $6.86
    53,183 SF · lease $8.52/SF/yr · vacancy 5.30% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $5.21M
    $4.56M – $6.08M (±1% cap)
    NOI $364,738 @ 7.0% cap · market cap 5.21%
    Second Best
    Industrial
    $4.29M
    $3.75M – $5.01M (±1% cap)
    NOI $300,373 @ 7.0% cap · market cap 4.29%
    Theoretical Best
    Office A
    $16.94M
    $14.82M – $19.76M (±1% cap)
    NOI $1,185,635 @ 7.0% cap · market cap 16.94%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Acutronic USA Inc Factory

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Museum Conservation Center — 1221 Penn Ave, Pittsburgh, PA 15222
    • Department of Court Records — 414 Grant St, Pittsburgh, PA 15219
    • Self Storage — 416 seventh ave, pittsburgh, pa 15219
    • Bounce Luggage Storage - Downtown Pittsburgh — 443 Wood St, Pittsburgh, PA 15222
    • Self Storage — 301 fifth ave, pittsburgh, pa 15222

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.9773
    Latitude
    40.4652

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    FAQs

    What type of property is this?
    Warehouse - 53,183 SF warehouse available on Waterfront Drive.
    Where is this warehouse located?
    The property is located at 700 Waterfront Dr Pittsburgh, PA.
    What is the asking price?
    The asking price for this property is $7,000,000.
    What are key features of this property?
    This property features: Tenant responsible for utilities.; Tenant responsible for janitorial services.; Tenant responsible for interior repair and maintenance.
    (412) 281-0100 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Louis V. Oliva
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