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    4614 Penn Ave Pittsburgh, PA 15224

    For Sale
    $685,000

    Commercial - Lawrenceville, PA

    Lot size:
    0.05 Acres
    Days on Market:
    48
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 4614 Penn Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    LNC
    Exterior features
    Flat
    Lot size
    0.05 Acres

    Building Details

    Architectural style
    Other

    Keller Williams Realty - Pittsburgh East (412) 682-0120 [email protected]

    Listing agent Susan Pittman (412) 682-0120 License #RS339354

    Listing date Oct 29, 2025

    MLS# 1706730 Listing URL

    Copyright © 2025 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lawrenceville Land with Garage

    This Lawrenceville land with a garage is located within two blocks of UPMC Children's Hospital. The 0.0459-acre property, with dimensions of 60 ft x 100 ft, presents development opportunities such as a three-story multi-family apartment building with 10 units and parking, apartments over commercial space, or a commercial building. The land is situated on Penn Ave, offering back access on Cromrie Way. The property comprises four parcels being sold together. Zoned LNC - Local Neighborhood Commercial, the location provides convenient access to Downtown Pittsburgh and Rt 28, as well as easy access to Pittsburgh Airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.949013
    Latitude
    40.465606

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    FAQs

    What type of property is this?
    Commercial land - Land with garage in Lawrenceville near UPMC Children's hospital.
    Where is this commercial land located?
    The property is located at 4614 Penn Ave Pittsburgh, PA.
    What is the asking price?
    The asking price for this property is $685,000.
    What are key features of this property?
    This property features: - Prime Location: Just two blocks from UPMC Children's Hospital on busy Penn Ave.; - Development Potential: Zoned LNC, this lot is suitable for multi-family (up to 10 units), apartments over commercial, or a commercial building.; - Large Lot Size: A 60 ft x 100 ft lot provides ample space for your development plans.
    (412) 682-0120
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    4614 Penn Ave Pittsburgh, PA 15224
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    Pittsburgh, PA 15224
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4614 Penn Ave Pittsburgh, PA 15224
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