For Sale
$299,000

509 Rodi Rd Pittsburgh, PA 15235

High-potential retail pad, 45,000 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 45,000 square foot retail property located at 509 Rodi Rd, Pittsburgh, PA 15235, presents a unique redevelopment opportunity. Currently vacant, this single-story building sits on a prime location with M-Multiple use zoning, allowing for diverse development options. The asking price is $299,000, translating to a price per square foot of $6.64. The property's potential is further enhanced by its 8.00% projected cap rate. Previously used as a bank, convenience store, and QSR/fast food establishment, this versatile space offers significant flexibility for future tenants. The property's convenient location near I-376, one mile from the Penn Hills exit, ensures high visibility and accessibility. While the previous tenant's credit rating is unavailable, the property is currently vacant and ready for immediate redevelopment. The property's occupancy date was February 20, 2023. This is an ideal investment for developers seeking a high-return opportunity in a thriving Pittsburgh market. The property's size and zoning provide ample room for creativity and innovation, making it a truly exceptional investment prospect. The seller is offering the property "as is".

Highlights

  • Established 10-bay self-serve car wash with vacuum cleaners.
  • As-is sale; never operated by current owner.
  • Convenient location: 1 mile from I-376 Penn Hills exit (right-hand side).

Property Details for 509 Rodi Rd

Property type
Retail properties, Grocery and convenience stores
Square Feet
45,000 SF
Buildings
1
Stories
1

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.4534366
Longitude
-79.8246187

FAQs

What type of property is this?
Retail property - High-potential retail pad, 45,000 sq ft.
Where is the retail property located?
The property is located at 509 Rodi Rd Pittsburgh, PA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Established 10-bay self-serve car wash with vacuum cleaners.; As-is sale; never operated by current owner.; Convenient location: 1 mile from I-376 Penn Hills exit (right-hand side).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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509 Rodi Rd
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