1330 Banksville RdPittsburgh, PA 15216

For Sale
$945,000

High-traffic location, excellent potential

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a distressed sale of a Class A, 18,000 square foot gas station situated on a 1.5-acre lot at 1330 Banksville Rd, Pittsburgh, PA 15216. The property, currently operating under Golden Oil ownership, boasts a 2,000 square foot building constructed in 1980 and features a permitted C1 zoning. The site enjoys a highly visible location on a busy commercial street with 24/7 traffic, offering significant potential for redevelopment or continued operation. Currently generating $30,000 in yearly profit from the existing building, the property offers 18,000 square feet of usable space with an additional 18,000 square feet of air rights. The asking price is $945,000 ($425 per square foot). This is an absolute NNN lease opportunity with a credit-rated tenant, and the sale includes options for a building or ground lease. The property's strategic location makes it ideal for a variety of uses, including quick-service restaurants (QSRs), convenience stores, or a reinvented gas station. This distressed sale presents a unique chance to acquire a valuable asset in a prime Pittsburgh location. The property is zoned C1 and is located on the home side of a highly trafficked street. The current building is 2,000 square feet, but the total usable area is 18,000 square feet.

Highlights

  • $945,000 asking price for this distressed Class A retail property.
  • Owner/user investment opportunity with a credit-rated tenant.
  • Absolute NNN lease, offering building or ground lease options.
  • 18,000 square feet of net rentable space on a 1.5-acre lot, with 2,000 square feet of existing building.
  • Located at a signalized intersection on a busy commercial street in Pittsburgh, PA, at 1330 Banksville Rd, 15216.

Property Details for 1330 Banksville Rd

Property type
Other retail properties, Automotive properties
Square Feet
2,000 SF
Class
A
Year Built
1980
Buildings
1
Stories
1
Units
1

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.4152514
Longitude
-80.030346
1330 Banksville Rd, Pittsburgh, Pennsylvania

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1330 Banksville Rd
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