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    112 3Rd Ave Carnegie, PA 15106

    For Sale
    $1,750,000

    18,204 SF Office Building, $1.75M

    Property size:
    18,204 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional two-story, Class B executive office building, located at 112 3rd Ave in Carnegie, Pennsylvania, offers 18,204 square feet of versatile space. Built in 2006 and fully renovated within the last decade, the property boasts a wealth of desirable features. The building includes a convenient elevator, ample parking (2 spaces), and a secure key fob access system. The interior features numerous large offices, multiple conference rooms, open bullpen areas, well-appointed kitchens, and several bathrooms. Natural light floods the space, enhanced by skylights on the upper floor. Recent capital expenditures have resulted in a new roof, HVAC system, paint, and carpeting. Additional amenities include a ground-floor garage with a roll-up door and a private outdoor courtyard. The property sits on a 0.25-acre lot and is ideally situated just 15 minutes from downtown Pittsburgh and minutes from I-376. The current owner occupies the entire building but is open to a sale-leaseback arrangement or complete vacancy, presenting a unique opportunity for owner-occupants seeking a portion of the space. The asking price is $1,750,000, with a price per square foot of $90.

    Property Features for 112 3Rd Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    18,204 SF
    Class
    B
    Lot Size
    10,890 SF

    Building Details

    Year Built
    2006
    Stories
    2

    HighLights

    • Owner‑occupied, sale‑leaseback or vacant possession available.
    • Fully renovated within the last decade.
    • Building features an elevator.
    • Spacious floor plan includes large offices, conference rooms, open work areas, kitchens, bathrooms, and reception/storage space.
    • Abundant natural light with skylights and large windows.
    • Recent capital improvements include a new roof, HVAC system, paint, and carpeting.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Carnegie
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -80.0896829
    Latitude
    40.40487

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    FAQs

    What type of property is this?
    Office Property / Space - 18,204 SF Office Building, $1.75M
    Where is this office property / space located?
    The property is located at 112 3Rd Ave Carnegie, PA.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: Owner-occupied, sale-leaseback or vacant possession available.; Fully renovated within the last decade.; Building features an elevator.
    Request Owner's contact information
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    Carnegie, PA 15106
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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
    112 3Rd Ave Carnegie, PA 15106
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