1201 Braddock AvePittsburgh, PA 15218

  • Office properties
  • 0.10 AC
For Lease
$22.34/SF/YR View listing

Property Details for 1201 Braddock Ave

Year built
1905
Lot size
0.10 AC
Property type
Office properties
Property subtype
Office buildings
APN
177-B-116
APU
177B116

Description

This exceptional 470-square-foot office space is ideally situated in the heart of Regent Square, Allegheny County, within the Pittsburgh East submarket. Located at 1201 S Braddock Ave, Suite 1A, this single-tenant property offers a blend of traditional and creative office space, making it suitable for a variety of businesses. The monthly rent of $875 includes all utilities, representing a significant value for this prime location. The space is conveniently located on the second floor, accessible via a walk-up staircase. Its versatile layout and central Regent Square location provide excellent accessibility and visibility. The property is classified as both a traditional and creative office space, catering to diverse business needs and preferences. This is a fantastic opportunity for a business seeking a well-appointed, cost-effective office space in a vibrant and desirable neighborhood. The building's location within the Regent Square submarket cluster offers easy access to local amenities, transportation, and a thriving community. This move-in ready space presents a unique chance to establish a presence in a sought-after area. Don't miss this chance to secure this exceptional office space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,055,100
    6.5%
    $973,938
    7%
    $904,371
  • Comparable approach

    Method
    Valuation
    Relative Method
    $886,334
    Geo Method
    $886,334
  • Alternative Use

    Use
    Valuation
    Residential
    $1,207,683
    Hospitality
    $1,106,231
    Educational
    $920,371
    Medical
    $952,024
    Retail
    $1,431,689
1201 Braddock Ave, Pittsburgh, Pennsylvania

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.4318
Longitude
-79.8929
CBSA code
38300
CBSA name
PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$23,352
$47,200
$560,700
$607,900
-
$47,200
$560,700
$607,900

FAQs

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