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Property profile & analytics
OFF-MARKET
Medical Office Space

1312 Federal St Pittsburgh, PA 15212-4706

0.04 ac lot
Individually Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US73-1914049
Property summary
AI-generated overview

This exceptional opportunity presents a 4,600 square foot medical office space for lease at 1312-1314 Federal Street in Pittsburgh, Pennsylvania's Northside. The property consists of two connected buildings, totaling 4,600 square feet on a 3,885 square foot lot in Allegheny County. One building, 1312 Federal Street, is a newer construction featuring three floors, each approximately 1200 square feet. The second building, 1314 Federal Street, offers 1,000 square feet on the first floor, currently configured with executive offices. Importantly, the entire 4,600 square feet is currently vacant, presenting a unique chance for a single tenant to occupy both buildings. The property is a single-tenant space with no elevator. A tenant improvement allowance is available to customize the space to meet the needs of the new occupant, reflecting the previous tenant's long-term occupancy. This high-visibility location on a heavily trafficked street offers excellent signage opportunities. The lease is a net lease structure, with the tenant responsible for utilities, cleaning, maintenance, and a proportionate share of taxes and insurance. This presents a rare chance to establish a prominent medical practice in a desirable Pittsburgh neighborhood.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Lot 0.04 ac (1,923 SF)
APN 23-L-127
UPID US73-1914049
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • General Medical Practitioners: Daley Maryann Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
K A G Ltd L P · 4 yrs held
K A G Ltd L P
since 2022
Last sale
$492,000
1 recorded transaction
2022
$492,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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