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Property profile

918 Rickenbach St Pittsburgh, PA 15212

OFF-MARKET
Warehouses
21,000 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Total area 21,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

918 Rickenbach St Pittsburgh, PA 15212
Pittsburgh metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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