130 7Th StPittsburgh, PA 15222

Property Details for 130 7Th St

Lot size

0.15 AC

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

8-S-109

APU

8S109

Description

This exceptional restaurant space, located at 130 7th Street in Pittsburgh's vibrant Cultural District, offers a unique opportunity for food and beverage businesses. Situated within the Century Building, this property boasts a total of 53,354 square feet, with 8,000 square feet currently available for lease. The space is adaptable to various concepts, with a minimum divisible area of 3,500 square feet and a maximum contiguous space of 8,000 square feet. This prime location in Allegheny County, Pennsylvania, benefits from high foot traffic and proximity to numerous cultural attractions, making it an ideal spot for a thriving restaurant. The 15222 zip code ensures easy access for both residents and tourists. The property's address is 130 7th Street, Pittsburgh, PA. This multi-tenant building presents a chance to establish a presence in one of Pittsburgh's most dynamic and sought-after neighborhoods. The available space is perfect for a restaurant seeking a prominent location with significant visibility and accessibility. This is a rare opportunity to secure a substantial and well-positioned space in the heart of the city's cultural hub.

• CAP approach

  CAP return

  Valuation

  6%

  $1,556,410

  6.5%

  $1,436,686

  7%

  $1,334,065

• Comparable approach

  Method

  Valuation

  Relative Method

  $956,914

  Geo Method

  $956,914

• Alternative Use

  Use

  Valuation

  Residential

  $1,436,686

  Hospitality

  $1,315,996

  Educational

  $1,094,894

  Medical

  $1,132,549

  Retail

  $1,703,168

Location Insight

City

Pittsburgh

County

Allegheny

State

Pennsylvania

Latitude

40.4436

Longitude

-80.0007

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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