539 Ohio StPittsburgh, PA 15212

  • Retail residential properties
  • 0.02 AC

Property Details for 539 Ohio St

Year built
1880
Lot size
0.02 AC
Property type
Retail residential properties
APN
24-N-215
APU
24N215

Description

This exceptional Northside Pittsburgh retail property at 539 E Ohio St offers a unique opportunity for a savvy business owner. The 1,500 square foot building is situated on a 935 square foot lot in Allegheny County, Pennsylvania, zip code 15212. Currently, the entire 1,500 square feet is vacant and available for lease. The space is divided into two 750 square foot units, offering flexibility for a single tenant or the possibility of two separate occupants. This versatile property presents a chance to establish a thriving retail presence in a vibrant neighborhood. The ground floor unit is ideal for retail operations, while the upper level unit offers additional space, potentially suitable for residential use or expansion of the business. This central location on E Ohio Street provides excellent visibility and accessibility for customers. The property's layout and size make it perfect for a boutique retailer, a small business owner, or an entrepreneur seeking a combined live/work space. This is a rare opportunity to secure a well-positioned retail space in a desirable Pittsburgh neighborhood. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $220,491
    6.5%
    $203,530
    7%
    $188,993
  • Comparable approach

    Method
    Valuation
    Relative Method
    $135,563
    Geo Method
    $135,563
  • Alternative Use

    Use
    Valuation
    Residential
    $203,530
    Hospitality
    $186,433
    Educational
    $155,110
    Medical
    $160,444
    Retail
    $241,282

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.4535
Longitude
-79.9993
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
$2,316
$47,500
$53,000
$100,500
-
$47,500
$53,000
$100,500

FAQs

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