On the Market is a weekly department curating the most interesting recent for-sale CRE assets. If you have a commercial real estate asset that you’d like to share with our readers, please email it to Mallory Bulman, Associate Editor.
Location: Pittsburgh, Penn.
Offering Price: $5.1 million
Building Size: 20,098 SF
Features: Located in Lawrenceville neighborhood; converted schoolhouse; contains 20 loft-style units and two office suites; community amenities include elevator access, an exercise room, a communal lounge, building security and 29 free parking spaces; located within walking distance of shops, restaurants, banks, entertainment and public transportation; located 3 miles from CBD.
Contact: Cynthia Kamin, CBRE, 412-471-9500
Location: Fresno, Calif.
Offering Price: $1.8 million
Year Built: 1960
Features: Centrally located; stable tenant mix; opportunity for value-add renovations; located in close proximity to airport, Fresno City College, shopping and transportation.
Contact: Rexsi Real Estate, 415-683-7399
Location: Bremerton, Wash.
Offering Price: $13.5 million
Building Size: 103,998 SF
Features: Unit mix consists of one-, two- and three-bedroom floor plans; all units have fireplaces, decks or patios and views of wooded areas or a landscaped courtyard; 35 percent of units have been renovated.
Contact: Greg Frick, HFO Investment Real Estate, 971-717-6332
Location: Henderson, Nev.
Offering Price: $7.3 million
Year Built: 1996
Features: Occupancy currently at 93.3 percent; three different unit floor plans; community amenities include a pool, laundry facility, covered parking, playground and high-speed internet access; walking distance from schools; located in close proximity to freeways, shopping and Lake Mead Recreational Park.
Contact: E. Thomas Naseef, Colliers International, 702-836-3720
Location: West Hollywood, Calif.
Offering Price: $2.9 million
Lot Size: 5,846 SF
Features: Property was featured on TV show Million Dollar Listing; both units have two bedrooms; amenities include a secluded courtyard, security gate, outdoor lounge with a built-in hot tub; location allows for unusually high rents; located within walking distance of Pacific Design Center, the Sunset Strip and the Norma Triangle.
Contact: Ryan Cinelli, BRC Advisors, 310-895-7170