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250 Park West Dr 35,100 SF Office Building Pittsburgh, PA 15275 $3,447,350 CAD ($98.22 CAD/SF) 21% Cap Rate
Investment Highlights
- 6 acres available for further expansion
- 5 miles from Pittsburgh International Airport
- Broker incentive available
- Minutes from I-376 and I-79
- 800 kwh generator on site
Executive Summary
KW Commercial is pleased to present this well-appointed two story office building once the headquarters for US Airways and Vesuvius Steal. High ceilings, natural light. Lower level could be converted to flex space with 14 foot high ceilings and potential driveway access. Spacious parking. Minutes from Pittsburgh International Airport, I-79 and I-376. The building is supported by a 850 kw generator, new HVAC, including a new boiler, and newer roof.
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$98,477
|
$2.81
|
| Operating Expenses |
$27,579
|
$0.79
|
| Total Expenses |
$126,056
|
$3.59
|
Financial Summary (Actual - 2023)
| Taxes (CAD) | |
|---|---|
| Annual | $98,477 |
| Annual Per SF | $2.81 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $27,579 |
| Annual Per SF | $0.79 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $126,056 |
| Annual Per SF | $3.59 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Building Size
35,100 SF
Building Class
C
Year Built/Renovated
1990/2005
Price
$3,447,350 CAD
Price Per SF
$98.22 CAD
Cap Rate
21%
NOI
$723,943 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
17,550 SF
Slab To Slab
11’
Building FAR
0.13
Lot Size
6.05 AC
Zoning
Business Park - Located in the RIDC Park West Business Park
Parking
161 Spaces (4.59 Spaces per 1,000 SF Leased)
Amenities
- Courtyard
- Wheelchair Accessible
- PATH
- Outdoor Seating
- Air Conditioning
- Smoke Detector
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0591-M-00264-0000-00 | Total Assessment | $3,982,479 CAD (2026) |
| Land Assessment | $928,922 CAD (2026) | Annual Taxes | $98,477 CAD ($2.81 CAD/SF) |
| Improvements Assessment | $3,053,557 CAD (2026) | Tax Year | 2023 |
Property Taxes
Parcel Number
0591-M-00264-0000-00
Land Assessment
$928,922 CAD (2026)
Improvements Assessment
$3,053,557 CAD (2026)
Total Assessment
$3,982,479 CAD (2026)
Annual Taxes
$98,477 CAD ($2.81 CAD/SF)
Tax Year
2023
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250 Park West Dr
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