Listed by SVN | Three Rivers Commercial Advisors
$825,000
1500-1508 Lincoln Way
Details
Property Type Mixed Use
Sub Type Mixed Use
Square Footage 16,678
Units 10
Cap Rate 8.70%
NOI $71,779
Occupancy 100%
Tenancy Multi
Price per SqFt $49
Buildings 1
Acreage 0.338
Parking Spaces 25 spaces
Parking per 1,000 SqFt 1.50
Mixed Use | 8.70% CAP | 16,678 SqFt
Marketing description
SVN Three Rivers Commercial Advisors is pleased to present 1500-1508 Lincoln Way for sale. This is a well maintained, 10 unit, mixed use property on a corner lot located on Lincoln Way in the Heart of the White Oak business district. The building is made up of 4 commercial units and 6 residential units. All utilities are separately metered, even water.
For more information and to inquire about the property visit: http://properties.svn.com/1500-1508LincolnWay
Investment highlights
- 25 Parking Spaces
- 174' of frontage on Lincoln Way
- 3 of the commercial tenants have annual increases built into their leases
- Located directly on a major bus line with quick, seamless access to Route 30 and the greater Pittsburgh area
- Steps away from local grocery stores, restaurants, cafes, and local neighborhood parks
Listing Contacts
Listed by SVN | Three Rivers Commercial Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$71,779.00
$5,981.58/mo
Valuation Metrics
0
DSCR
8.7%
Cap Rate
8.7%
ROI
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