621 Ohio StPittsburgh, PA 15212

Property Details for 621 Ohio St

Lot size

0.04 AC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

24-N-203

APU

24N203

Description

This exceptional three-story office building, located at 621 E Ohio St in Pittsburgh, Pennsylvania, 15212, presents a unique investment opportunity. The property boasts a total of 4,095 square feet, with each floor offering 1,365 square feet of usable space. High ceilings, measuring 12 feet, contribute to a spacious and airy atmosphere. The building's dimensions are 19.5 feet wide by 70 feet deep. A significant advantage is the existing income generated from two billboards situated on the property, providing a supplemental revenue stream. This prime location in Allegheny County offers excellent visibility and accessibility. The property is classified as a traditional office building and is ideal for a variety of business uses. The address is easily accessible and situated within a well-established commercial area of Pittsburgh. This building represents a solid investment opportunity with potential for growth and strong rental income. The property is ready for immediate occupancy or can be customized to suit a tenant's specific needs. Serious inquiries are encouraged to explore this exceptional commercial real estate offering.

• CAP approach

  CAP return

  Valuation

  6%

  $330,718

  6.5%

  $305,278

  7%

  $283,473

• Comparable approach

  Method

  Valuation

  Relative Method

  $162,666

  Geo Method

  $162,666

• Alternative Use

  Use

  Valuation

  Residential

  $378,545

  Hospitality

  $346,745

  Educational

  $288,488

  Medical

  $298,409

  Retail

  $448,759

Location Insight

City

Pittsburgh

County

Allegheny

State

Pennsylvania

Latitude

40.4537

Longitude

-79.9985

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].