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294 W Steuben Street

$1,500,000

294 W Steuben Street, Pittsburgh, PA 15205

Active
Last Updated: 01/31/2024

12,000 sqft

Building Size

1.2 acres

Lot Area

Details:
Building Size:    12,000 sqft
Lot Area:    1.2 acres
Occupancy:    77%
Class:    B
Units:    3
Floors:    2
Parking Spots:    50
Highlights:
  • $38,000 in-place NOI from 1st floor tenants
  • 3,797 SF 2nd floor vacancy for owner use
  • Quiet suburban setting
  • Great access to main highways, the airport and Downtown Pittsburgh
  • Plentiful free surface parking
  • Short walk to Bus Stop (Line #29)
Description:

A great owner/user opportunity for a growing company looking to control their future office destiny, but looking to supplement occupancy costs with co-tenancy in the meantime.

Located just outside the city limits of Pittsburgh in Thornburg, 294 W Steuben is one of only 6 buildings in the Borough's only Industrial zone. This location offers easy access to both Pittsburgh International Airport (12 miles) and Downtown Pittsburgh (5 miles.)

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Documents:
Title
Sale_Brochure__L_.pdf
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Today's Available Mortgage Rates

294 W Steuben Street, Pittsburgh, Pennsylvania 15205

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 05/30/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$5,392 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 56% LTV $0 Lender fees
Loan Amount $840,000 Loan Amount
Details
Bank*Lender #1049
7 Year Fixed
25 Year Amortization
Interest rate 6.09% 7 Year Fixed
Mo. Payment$5,361 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 55% LTV $0 Lender fees
Loan Amount $825,000 Loan Amount
Details
Bank*Lender #1049
10 Year Fixed
25 Year Amortization
Interest rate 6.19% 10 Year Fixed
Mo. Payment$5,412 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 55% LTV $0 Lender fees
Loan Amount $825,000 Loan Amount
Details
Speak With a Loan Consultant

CommLoan is providing quotes for information purposes only. For additional information on the largest commercial real estate lending marketplace, visit: www.commloan.com.

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