918 Rickenbach St Pittsburgh, PA 15212
This exceptional 21,000-square-foot industrial property, located at 918 Rickenbach St, Pittsburgh, PA 15212, presents a unique investment opportunity. Classified as a Class B, multi-use building with a C1 zoning permit, this three-story structure offers a blend of warehouse, manufacturing, and distribution space. The building features one loading dock with one dock-high door, and boasts a 13-foot ceiling height. A recently renovated building with a brand-new roof and LED lighting throughout, it also includes aluminum commercial-grade windows and a 400-amp service. An original elevator services all three floors. The interior layout includes multiple small rooms, providing flexibility for various business needs. Conveniently situated in Allegheny County's Central North Side, this property enjoys proximity to major transportation arteries, including I-279, Route 28, and I-376, offering easy access to the Greater Pittsburgh International Airport and the Strip District. The building is currently vacant and available for immediate occupancy, with a potential lease rate of $8,000 per month ($4.57 per square foot). The property is offered for sale as an owner-user condo for $750,000. The occupancy date is May 1, 2025.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.