826 Brookline BlvdPittsburgh, PA 15226

This exceptional mixed-use investment property, located at 826 Brookline Blvd in Pittsburgh, PA, presents a compelling opportunity. The 6,886 square foot building, situated on a 0.08-acre lot (APN 0097-D-00061-0000-00), boasts a strong 8.27% cap rate and a substantial net operating income (NOI) of $49,636. The three-story structure, built in 1909 and extensively renovated in 2019, features a blend of retail and office space, currently occupied by two tenants at 100% occupancy. The first floor offers retail space with a three-year lease (with a two-year extension option), while the second floor provides office space under a one-year lease (with extension possibilities). Each floor enjoys separate street access. The property benefits from abundant street parking and convenient public transportation. Significant renovations completed in 2020 include three new HVAC units, roof repairs, a new fire monitoring system, upgraded lighting, new flooring, and fresh interior and exterior paint. The building is zoned LNC and features 3-phase, 600-amp electrical service. This value-add opportunity offers a strong return on investment with potential for future appreciation. The asking price is $600,000 ($87.13/sq ft). This property is a rare find in a desirable location.