514 Washington RdMount Lebanon, PA 15228
- Retail properties
- 0.20 AC
Property Details for 514 Washington Rd
- Lot size
- 0.20 AC
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 141-B-65
- APU
- 141B65
Description
This exceptional Class A mixed-use property, located at 514 Washington Rd in Mt. Lebanon, Pennsylvania, presents a compelling investment opportunity. The 5,400 square foot building boasts a 100% occupancy rate across four tenants, generating a strong 7.50% cap rate at an asking price of $1,350,000 ($250/sq ft). The property is comprised of a blend of medical office, storefront, and traditional office spaces, catering to a diverse tenant base. Its stabilized investment profile, with a gross lease structure, ensures predictable cash flow. Situated in one of Pittsburgh's most desirable suburbs, this well-maintained building offers significant advantages, including valuable off-street parking – a highly sought-after amenity in this area. The property's prime location in Allegheny County, PA, 15228, ensures high visibility and accessibility. This is a rare opportunity to acquire a fully leased, high-performing asset in a thriving market. The five units are currently occupied under multi-tenant leases. This investment is ideal for those seeking a stable, high-return investment in a premier location.
Location Insight
- City
- Pittsburgh
- County
- Allegheny
- State
- Pennsylvania
- Latitude
- 40.3838
- Longitude
- -80.044
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Lease
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