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Property profile & analytics
OFF-MARKET Estimated value $420,000
Strip malls

6401 Penn Ave Pittsburgh, PA 15206-4051

1.05 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US73-5929606
Property summary
AI-generated overview

The District, formerly known as The Village of Eastside, presents a significant retail investment opportunity in Pittsburgh's vibrant East Liberty neighborhood. This established community center boasts a substantial 143,090 square feet of retail space, currently housing over 20 individual retail units. The property's strategic location at 6401 Penn Ave, Pittsburgh, PA 15206, ensures high visibility and accessibility. Beyond the retail component, the center also includes over 20,000 square feet of office space, adding to its diverse appeal and potential for synergistic tenant relationships. This multi-tenant property offers a unique chance to acquire a well-established retail center in a thriving urban area. The property's size and established tenant base provide a strong foundation for future growth and profitability. Its location within the dynamic East Liberty neighborhood offers access to a dense population and a diverse customer base. This is an exceptional opportunity for investors seeking a substantial and well-positioned retail asset in a rapidly developing market. The property's scale and existing infrastructure provide a solid platform for long-term investment and potential value appreciation. Detailed financial information and lease terms are available upon request.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Lot 1.05 ac (45,843 SF)
APN 84-H-195
UPID US73-5929606
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
  • IT - CNS, Inc. (Bike/Boat/Book/etc) Store Corporate Office
  • China Garden Restaurant Restaurant
  • China Buffet Restaurant
  • 1st Prestige Home Care Agency LP Home Health Care Service House Cleaning Service
  • East End Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$420k
Owner & transaction history
LDC PROPERTIES COMPANY INC
LDC PROPERTIES COMPANY INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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