2008 Carson StPittsburgh, PA 15203

For Sale
$2,100,000

Exceptional Mixed-Use Investment Opportunity in Pittsburgh

Overview

Added:
Dec 11, 2024
Days on market:
94
This prime mixed-use property, located at 2008 E Carson St, Pittsburgh, PA 15203, presents a compelling investment opportunity. The Landmark Building boasts 10,400 square feet of space, currently operating at 100% occupancy, generating a substantial net operating income (NOI) of $156,500. This translates to a strong 7.45% capitalization rate and a price per square foot of $201.92. The asking price for this well-maintained building is $2,100,000. The property's multi-family and retail components are situated in a highly desirable neighborhood, characterized by a dense population and its proximity to several universities. A key feature is the inclusion of a rear parking lot, adding significant value and convenience. The building's excellent architecture further enhances its appeal and potential for long-term growth. This is a rare opportunity to acquire a fully occupied, high-performing mixed-use asset in a thriving Pittsburgh submarket. The strong tenant base and consistent income stream make this an ideal investment for discerning buyers seeking stable returns and appreciation potential. The property's location in Allegheny County ensures access to a robust local economy and a diverse population base.

Highlights

  • Prime location in a highly desirable neighborhood.
  • On-site rear parking.
  • 100% occupancy.
  • Architecturally significant building.
  • Excellent condition and well-maintained.
  • Proximity to multiple universities.

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.4284534
Longitude
-79.9771428
2008 Carson St, Pittsburgh, Pennsylvania

FAQs

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2008 Carson St
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