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Listed by PIATT SOTHEBY'S INTERNATIONAL REALTY
$ 1,985,000
Est. payment /mo
Active
500 Chadwick Street Sewickley, PA 15143
0.68 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1703218
HOA Y/N No
Annual Tax Amount $20,545
Lot Size 0.678 Acres
Acres 0.678
Property Sub-Type Office
Property Description
This is a rare opportunity to acquire a fully leased commercial property in Sewickley. Now in the fourth year of a seven-year NNN net lease, the tenant also holds an option to extend the lease for an additional three years.The property generates a NOI of $126,000 annually. Under the triple-net structure, the tenant is responsible for all interior maintenance, improvements as well as the upkeep of the parking lot. They also pay all local & county property taxes, cover all utilities, and carry full insurance. Originally built as a classic railroad station, the building was fully gutted and renovated inside and out by the previous owner. All major systems—including electrical, plumbing, and infrastructure—were updated to modern standards, resulting in a property that blends historic character with contemporary commercial functionality. This is an excellent opportunity for an investor seeking stable cash flow and a low-maintenance asset.
Location
State PA
County Allegheny-north
Area Sewickley
Zoning Comm
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Road Frontage State Road
Total Parking Spaces 14
Building
Structure Type Brick
