Leetsdale Retail for Sale - I-279/I-79 Northwest
An Extraordinary Investment Opportunity: Historic Leetsdale Railroad Station
99 Ohio River Boulevard, Leetsdale, Pennsylvania 15056 | Capitalization Rate: Approximately 9.44% | Building Area: Approximately 2,586 Square Feet | Site Area: 0.46 Acres
Nestled along the bustling banks of the Ohio River, this distinguished free-standing commercial property presents a rare fusion of historic significance and contemporary investment appeal. Originally constructed circa 1900 as the Leetsdale Railroad Station on the esteemed Pennsylvania Railroad line, the building served as a vital waypoint in the region's storied transportation heritage, welcoming travelers amid the industrial vitality of the early 20th century.
Meticulously renovated to exacting standards, the property now stands as a fully occupied, income-producing asset under triple-net (NNN) leases, offering discerning investors a truly passive ownership experience with exceptional stability and potential for appreciation.
Subway (Unit A – Approximately 1,100 Square Feet): A flagship location of the globally recognized franchise, generating annual base rent of $36,000; five-year term commenced in 2024, with three five-year renewal options featuring 10% escalations.
Cigars & Ash, Inc. (Unit B – Approximately 1,100 Square Feet): An artisanal cigar lounge and retail emporium, contributing annual base rent of $30,000; five-year term commenced in 2025, with three five-year renewal options featuring 10% escalations.
Aggregate Annual Net Operating Income: $66,000. Tenants assume responsibility for pro rata common-area maintenance, real estate taxes, and insurance, with landlord obligations thoughtfully limited to structural roof elements. Leases include robust protections, such as tenant exclusives and a Franchisor Rider for Subway.
Distinguished Attributes
Prominent Positioning: Commanding visibility along Ohio River Boulevard (Route 65), a primary arterial route linking Allegheny and Beaver Counties, with convenient access to greater Pittsburgh. Generous On-Site Parking: Ample paved accommodations, including designated customer spaces. Renovations: Contemporary enhancements that honor the architectural legacy while delivering modern functionality and unparalleled curb appeal.
Prime Locale: Situated within the charming borough of Leetsdale, proximate to industrial and residential enclaves, and the Ohio River, benefiting from consistent commuter and local patronage.
This singular property represents an unparalleled opportunity to acquire a landmark asset blending timeless heritage with reliable modern returns—ideal for the sophisticated investor seeking enduring value in a picturesque riverfront setting.
Inquiries are invited for the comprehensive offering memorandum, detailed rent roll, lease abstracts, and private viewing arrangements.
