About 500 Chadwick Street
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.
Features of 500 Chadwick Street
| MLS® # | 1703218 |
|---|---|
| Price | $1,850,000 |
| Bathrooms | 0.00 |
| Acres | 0.68 |
| Type | Commercial |
| Sub-Type | Office |
| Status | Active |
Community Information
| Address | 500 Chadwick Street |
|---|---|
| Area | Sewickley |
| City | Sewickley |
| County | Allegheny-North |
| State | PA |
| Zip Code | 15143 |
Amenities
| Utilities | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | .678 |
|---|---|
| Construction | Brick |
Additional Information
| Date Listed | May 28th, 2025 |
|---|---|
| Days on Market | 19 |
| Zoning | Comm |
Listing Details
| Office | PIATT SOTHEBY'S INTERNATIONAL REALTY |
|---|---|
| Contact Info | pittsburgh@sothebysrealty.com |
