700 Washington RdPittsburgh, PA 15228

  • Office properties
  • 0.07 AC
For Lease
$16/SF/YR View listing

Property Details for 700 Washington Rd

Lot size
0.07 AC
Property type
Office properties
Property subtype
Office buildings
APN
141-F-49
APU
141F49

Description

This exceptional 4,300 square foot office building, located at 700 Washington Road in Pittsburgh, Pennsylvania's desirable Mt. Lebanon submarket, presents a unique opportunity. Situated on a 0.067-acre lot in the Central Square area, this single-tenant property boasts a CBD zoning designation. The building is classified as Retail, Office, and Special Purpose, with the available space currently configured as a traditional, medical, or creative office suite. The lower-level suite encompasses 1,900 square feet of vacant space, ideal for a variety of uses. Previously utilized as a dance studio, the open-span layout offers flexibility for customization. Two restrooms are conveniently located within the suite. The property's address is 700 Washington Rd, Lower Level, Pittsburgh, PA 15228. Its convenient location in the thriving Mt. Lebanon submarket of Pittsburgh offers excellent accessibility and visibility. The APN is 0141-F-00049. This property is perfect for businesses seeking a well-located, adaptable space in a vibrant community. The available space presents a blank canvas for a business to create its ideal workspace. Don't miss this chance to secure a prime location in a sought-after area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $551,514
    6.5%
    $509,090
    7%
    $472,726
  • Comparable approach

    Method
    Valuation
    Relative Method
    $271,266
    Geo Method
    $271,266
  • Alternative Use

    Use
    Valuation
    Residential
    $631,271
    Hospitality
    $578,241
    Educational
    $481,090
    Medical
    $497,635
    Retail
    $748,362
700 Washington Rd, Pittsburgh, Pennsylvania

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.3802
Longitude
-80.0451
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
$9,507
$75,200
$183,000
$258,200
-
$75,200
$183,000
$258,200

FAQs

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