208 Grant St Pittsburgh, PA 15219
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Value-add opportunity, high potential
Property size:
26,000 SFProperty Features for 208 Grant St
General Information
- Property type
- Office Properties & Spaces
- Square Feet
- 26,000 SF
- Class
- B
- Lot Size
- 7,841 SF
Building Details
- Year Built/Renovated
- 1920/1985
- Buildings
- 1
- Stories
- 5
- Units
- 12
Listing Agency: Aishel Real Estate Listing Agent: Chaim Davidson
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This five-story, 26,000 square foot Class B office building at 210 Grant Street in Pittsburgh, PA, presents a compelling value-add investment opportunity. Currently 95% vacant, the property boasts a pro-forma NOI of $114,985 and a pro-forma cap rate of 11.52%, based on full occupancy. Built in 1920 and renovated in 1985, the building features 12 units, each approximately 5,466 square feet, with elevator access and controlled access. The 0.18-acre lot offers potential for redevelopment, including first-floor retail space. The building's 19' slab-to-slab height adds to its versatility. Located on a bus line, this property benefits from a prime downtown location and a desirable Grant Street address. The asking price is $998,500, with a gross lease type. The property is zoned for office use and includes a total of 21,824 net rentable square feet. Note that the provided NOI and cap rate are pro-forma and based on a fully occupied building. Potential buyers are responsible for conducting their own due diligence and underwriting. APN: 0002-J-00140-0000-00.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Pittsburgh
- County
- Allegheny
- State
- Pennsylvania
- Longitude
- -79.99812226
- Latitude
- 40.4373134
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FAQs
What type of property is this?
Office Property / Space - Value-add opportunity, high potential
Where is this office property / space located?
The property is located at 208 Grant St Pittsburgh, PA.
What is the asking price?
The asking price for this property is $998,500.
What are key features of this property?
This property features: 26,000 SF building available for sale.; 5,466 SF floor plates.; Ground floor suitable for retail.
