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Retail Space For Sale
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1650 Lebanon Church Rd, West Mifflin, PA 15236

Retail space available for purchase.

Property Size2,400 SF
Price / SF$225
Days on Market1032

Property Features for 1650 Lebanon Church Rd

General Information

Standard status Active
Size 2,400 SF
Property subtype Retail
Listing Agency: Hanna Commercial Real Estate - Pittsburgh
Listed By: Eric Lamm · License #rs161989a
Source: Crexi
Added: Dec 20, 2023 Changed: Oct 9 Last Checked: Oct 16 at 9:29AM

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 Hanna Commercial Real Estate - Pittsburgh

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Investment Insights

Based on property information with market context.

This commercial real estate property offers 2,400 square feet of retail space and is available for sale.

Key Highlights

  • No property information provided.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,123
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,460 $562.5K
Cap Rate 7%
$401,757 $401.8K
Cap Rate 9%
$312,478 $312.5K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$43.2K $18.00/SF
− Vacancy
−$3.0K −$1.26/SF
EGI
$40.2K $16.74/SF
− OpEx
−$12.1K −$5.02/SF
NOI
$28.1K $11.72/SF
Area
ZIP 15236
Vacancy
7.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,460
Cap Rate 7%
$401,757
Cap Rate 9%
$312,478

Alternative Uses

Best Use
Retail
$401.8K
$351.5K – $468.7K (±1% cap)
NOI $28,123 @ 7.0% cap · market cap 5.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$611.3K
$534.9K – $713.2K (±1% cap)
NOI $42,792 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Law Firm Daycare Center (Bike/Boat/Book/etc) Store Barber Shop Cafe & Coffee Shop Catering Service

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

Location Intelligence

Trade Area within ½ mile

541
Businesses Nearby
78k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 73% Dining 21% Home Improvements & Furnishings 6%
Sheetz Shops & Services
45,102 visits/mo 0.5 miles
Dunkin' Donuts Dining
14,585 visits/mo 0.2 miles
Sunoco Shops & Services
6,187 visits/mo 0.1 miles
Levin Furniture Home Improvements & Furnishings
4,906 visits/mo 0.3 miles
Family Dollar Shops & Services
3,833 visits/mo 0.1 miles

Demographics for 15236, PA

31,594
Population
14,066
Households
2.2
Avg Household Size
44
Median Age
38%
College-Educated
93%
High-School Grad
10.7 sq mi
ZIP Area
2,953
Density / Sq Mi
$87,016
Median Household Income
$52,285
Median Earnings
$1,087
Median Rent
$224,200
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

Frequently Asked Questions

What type of property is this?
Retail space - Retail space available for purchase.
Where is this retail space located?
The property is located at 1650 Lebanon Church Rd West Mifflin, PA.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: No property information provided.
(412) 261-2200 Call to check price and availability
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