Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Ophthalmologist (Bike/Boat/Book/etc) Store
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(Bike/Boat/Book/etc) Store Cosmetic Store
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Pharmacy
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Hair Salon Nail Salon
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Gym & Fitness Center Alternative Medicine Practice
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Mt Lebanon market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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