99 Ohio River Blvd, Leetsdale, PA 15056
- $699,000
- List Price
- $699,000
- Status
- ACTIVE
- MLS#
- WESTPENN-1736117
- Price Change
- ▼ $80,000 1780524128
- Acres
- 0.46
- Lot Size
- 20,081
- Region
- Leetsdale
Property Description
Rare historic gem (c.1900 former Pennsylvania Railroad station) along Ohio River, fully renovated & 100% leased under triple-net (NNN) terms. Passive income with NOI ~$66,000. | ~2,586 SF Bldg | 0.46 Acres | ~9.4% Cap Rate Subway (~1,100 SF): $36K/yr base; 5-yr term (2024 start) + 3x5-yr options @10% increases. Cigars & Ash (~1,100 SF): $30K/yr base; 5-yr term (2025 start) + 3x5-yr options @10% increases. Tenants cover pro-rata common area maintenance costs, taxes & insurance; landlord limited to roof. High visibility on Route 65, ample parking, strong leases w/exclusives & Franchisor Rider.
Additional Information
- Taxes
- $2,515
- Lot Dimensions
- 0.461
- Parking Spaces
- 16
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Listing courtesy of PIATT SOTHEBY'S INTERNATIONAL REALTY.
INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. Listings courtesy of WEST PENN MULTILIST, INC.