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668 Pittsburgh Rd 6,896 SF 100% Leased Retail Building Butler, PA 16002 $756,978 CAD ($109.77 CAD/SF) 7.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Versatile, mixed-use potential.
- Prime location with high visibility.
- Turnkey investment with reliable income.
EXECUTIVE SUMMARY
A great investment opportunity to purchase a mix use, income producing property. Located right off of busy highway with plenty available parking. This approximately 6896/SF Property is close proximity to Pittsburgh and surrounding markets. The property has three long-standing tenants that provide a solid cash flow and return for the buyer.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,896 SF
Year Built
1950
Price
$756,978 CAD
Price Per SF
$109.77 CAD
Cap Rate
7.75%
NOI
$58,666 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.90 AC
Parking
14 Spaces (2.03 Spaces per 1,000 SF Leased)
Frontage
198’ on Rt 8 or Pittsburgh Rd
PROPERTY TAXES
| Parcel Number | 270-2F94-14H-0000 | Improvements Assessment | $33,821 CAD |
| Land Assessment | $3,167 CAD | Total Assessment | $36,988 CAD |
PROPERTY TAXES
Parcel Number
270-2F94-14H-0000
Land Assessment
$3,167 CAD
Improvements Assessment
$33,821 CAD
Total Assessment
$36,988 CAD
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668 Pittsburgh Rd
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