1009-1029 Wood St Pittsburgh, PA 15221
This exceptional 16,000-square-foot retail property, located at 1009-1029 Wood Street in Pittsburgh, PA 15221, presents a unique investment opportunity. Built in 1935 and extensively renovated in 2023, this single-story building offers seven suites, with three spaces currently available, ranging from 1,000 to 2,000 contiguous square feet. The property boasts 13 parking spaces and is conveniently situated near the intersection of Wood and Penn Streets. The building features updated electrical systems and HVAC, along with ADA-compliant restrooms. Its versatile zoning allows for a wide array of uses, including salons, coffee shops, art galleries, studios, restaurants, and even turnkey laundromat spaces. The 0.38-acre lot has a building floor area ratio (FAR) of 0.41. This prime location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a thriving retail environment in Pittsburgh's vibrant urban core. The property is classified as Class C retail and offers storefront opportunities within a modern, updated space. This is a rare chance to secure a well-maintained, adaptable retail space in a desirable Pittsburgh location.
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.