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    826 Brookline Blvd Pittsburgh, PA 15226

    Sponsored
    For Sale
    $600,000

    6,886 SF, 8.27% Cap Rate, High NOI

    Property size:
    6,886 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use investment property, located at 826 Brookline Blvd in Pittsburgh, PA, presents a compelling opportunity. The 6,886 square foot building, situated on a 0.08-acre lot (APN 0097-D-00061-0000-00), boasts a strong 8.27% cap rate and a substantial net operating income (NOI) of $49,636. The three-story structure, built in 1909 and extensively renovated in 2019, features a blend of retail and office space, currently occupied by two tenants at 100% occupancy. The first floor offers retail space with a three-year lease (with a two-year extension option), while the second floor provides office space under a one-year lease (with extension possibilities). Each floor enjoys separate street access. The property benefits from abundant street parking and convenient public transportation. Significant renovations completed in 2020 include three new HVAC units, roof repairs, a new fire monitoring system, upgraded lighting, new flooring, and fresh interior and exterior paint. The building is zoned LNC and features 3-phase, 600-amp electrical service. This value-add opportunity offers a strong return on investment with potential for future appreciation. The asking price is $600,000 ($87.13/sq ft). This property is a rare find in a desirable location.

    Property Features for 826 Brookline Blvd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    6,886 SF
    Class
    C
    Lot Size
    3,485 SF

    Building Details

    Year Built/Renovated
    1909/2019
    Buildings
    1
    Stories
    3
    Units
    3
    Property Profile Location Intelligence

    Current Use by Public Records

    Matthew Esch Counseling ... Family Counselor Steel City Craft ... Craft Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -80.019165312661
    Latitude
    40.393136782144

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    FAQs

    What type of property is this?
    Mixed-use property - 6,886 SF, 8.27% Cap Rate, High NOI
    Where is this mixed-use property located?
    The property is located at 826 Brookline Blvd Pittsburgh, PA.
    What is the asking price?
    The asking price for this property is $600,000.
    (412) 512-3737
    Request Owner's contact information
    826 Brookline Blvd Pittsburgh, PA 15226
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    Pittsburgh, PA 15226
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    826 Brookline Blvd Pittsburgh, PA 15226
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