1600 Marys AvePittsburgh, PA 15215
- Other commercial real estate
- 0.54 AC
Property Details for 1600 Marys Ave
- Lot size
- 0.54 AC
- Property type
- Other commercial real estate
- APN
- 168-K-252
- APU
- 168K252
Description
This 90,000-square-foot Class B industrial warehouse, built in 1955, is located in Sharpsburg, Allegheny County, Pennsylvania. Currently, 24,407 square feet are available for lease. The property features multiple tenants and offers a unique opportunity for businesses seeking versatile space. The building boasts 15-foot ceiling heights and includes three shared 8x8-foot dock-high doors with access to a 6,000-pound freight elevator, and one dedicated 8x10-foot dock-high door with access to a 4,000-pound freight elevator. Ample dedicated, paved off-street parking and bike racks are provided for tenant convenience. The property is undergoing evaluation for major renovations, including new restrooms, improved lighting, an updated entrance, a new sprinkler system, and cosmetic upgrades. Pre-renovation rental rates are attractive. This location is particularly well-suited for businesses in the "maker" industry, and its strategic location within a Qualified Opportunity Zone (CT 4240) offers significant tax advantages. Enjoy quick access to the Highland Park and 62nd Street Bridges, Route 8, and Route 28, placing you in close proximity to Carnegie Mellon University, UPMC, the University of Pittsburgh, and "Robotics Row." One immediately available space totals 3,948 square feet.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $6,149,052
- Hospitality
- $5,632,498
- Educational
- $4,686,172
- Medical
- $4,847,337
- Retail
- $7,289,602
Location Insight
- City
- Pittsburgh
- County
- Allegheny
- State
- Pennsylvania
- Latitude
- 40.4962
- Longitude
- -79.9257
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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