1400 Nixon St Pittsburgh, PA 15233-1124
This exceptional 19,120-square-foot warehouse in Pittsburgh, Pennsylvania, is available for sale at $1,300,000 ($78.45/SF). Located at 1400 Nixon St, in Allegheny County, zip code 15233, this industrial property boasts a prime location near highway interchanges. The warehouse features a recently renovated facade with 70% translucent daylighting, a fenced yard, and a new sidewalk. Interior improvements include a heated and cooled office and bathroom, and a heated work area. Loading capabilities are enhanced by three roll-up doors (14'H x 16'W, 11'H x 12'W, and 9'8"H x 8'W) and a truck-height dock. The warehouse offers a significant clear height ranging from 20.5' to 35'. Currently leased at $6,373 per month with a 2% annual increase, the lease extends until January 31, 2026, presenting an owner-user opportunity or continued lease income. The land value is $28,025 per square foot. This property offers multiple opportunities for investors and owner-occupiers alike. The building has been significantly updated in the last year.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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