208 Grant St Pittsburgh, PA 15219
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Office Spaces
Property Details for 208 Grant St
- Year built
- 1920
- Lot size
- 0.18 lot acres
- Property type
- Office Spaces
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pittsburgh
- County
- Allegheny
- State
- Pennsylvania
- Longitude
- -79.9981
- Latitude
- 40.4373
