For Sale
$725,000

1506 Carson St Pittsburgh, PA 15203

Prime Location, High Traffic, Lease in Place

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional retail investment opportunity in Pittsburgh's vibrant Southside neighborhood presents a 2,400 square foot building situated on a substantial 1.364-acre lot at 1506 E Carson St, zip code 15203. The property boasts a strong existing income stream with the first floor currently leased to a convenience store under a five-year lease agreement. This provides immediate return on investment for the buyer. In addition to the ground floor commercial space, there is also available retail space on the second floor, offering significant potential for expansion or additional rental income. The property's prime location on East Carson Street ensures high foot traffic and visibility, benefiting from its proximity to numerous other retail establishments and popular restaurants. The high traffic count on East Carson Street, exceeding 12,350 ADT, further underscores the property's exceptional potential. This is a rare opportunity to acquire a well-positioned retail property in a thriving Pittsburgh neighborhood with a proven track record and significant upside. The asking price for this turnkey investment is $725,000.

Highlights

  • 2,400 SF retail building on a 1.364-acre lot at 1506 E Carson St, Pittsburgh, PA 15203.
  • First-floor convenience store leased for five years, providing immediate income.
  • Additional retail space available on the second floor.
  • Prime East Carson Street location with high foot traffic (12,350+ ADT) and proximity to other retail and restaurants.

Property Details for 1506 Carson St

Property type
Retail properties, Grocery and convenience stores
Square Feet
2,400 SF
Lot Size (sq. ft)
59,415,840 SF

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.4286768
Longitude
-79.9830941

FAQs

What type of property is this?
Retail property - Prime Location, High Traffic, Lease in Place
Where is the retail property located?
The property is located at 1506 Carson St Pittsburgh, PA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 2,400 SF retail building on a 1.364-acre lot at 1506 E Carson St, Pittsburgh, PA 15203.; First-floor convenience store leased for five years, providing immediate income.; Additional retail space available on the second floor.
How can I contact the broker?
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1506 Carson St
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