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    4017 Liberty Ave Pittsburgh, PA 15224

    Sponsored
    For Sale
    $2,800,000

    Prime location, 34,368 SF building, development potential.

    Property size:
    34,368 SF

    Description

    Added:
    Jan 20, 2025
    Days on Market:
    351
    This exceptional 34,368 square foot building presents a rare redevelopment opportunity in Pittsburgh's thriving Upper Strip District. Situated on a 0.35-acre lot, this property offers significant potential for expansion and redevelopment. The existing structure features large windows, allowing for ample natural light, and possesses the structural capacity for the addition of multiple stories, should the buyer choose to pursue vertical expansion. Its strategic location places it in close proximity to major medical institutions, including West Penn Hospital, UPMC Children's Hospital of Pittsburgh, and UPMC Shadyside, providing immediate access to a substantial workforce and patient population. The property's versatility makes it suitable for a variety of uses, including residential offices, other office properties, medical offices, and mixed-use developments. An additional parcel of land is also available for purchase, offering further expansion possibilities (refer to the parcel map for details). This is a unique chance to acquire a substantial property in a rapidly growing area with significant upside potential. The asking price is $2,800,000. This property is being offered as-is.

    Property Features for 4017 Liberty Ave

    General Information

    Property type
    Residential offices
    Square Feet
    34,368 SF
    Price / Square Foot
    $81
    Elevators
    N/A
    Lot Size
    15,300 SF

    Building Details

    Buildings
    1
    Stories
    3

    HighLights

    • Prime 34,368 sq ft building in Pittsburgh's Upper Strip District offers significant redevelopment potential.
    • Exceptional location near major hospitals, providing convenient access and high visibility.
    • Rare development opportunity with potential for multi‑story expansion on a sizable lot.
    Location Intelligence

    Current Use by Public Records

    Nowalk Lighting Lighting Store Garth E Massingill ... Interior Designer

    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
    State
    Pennsylvania
    Longitude
    -79.956404
    Latitude
    40.463214

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    FAQs

    What type of property is this?
    Residential office - Prime location, 34,368 SF building, development potential.
    Where is this residential office located?
    The property is located at 4017 Liberty Ave Pittsburgh, PA.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: Prime 34,368 sq ft building in Pittsburgh's Upper Strip District offers significant redevelopment potential.; Exceptional location near major hospitals, providing convenient access and high visibility.; Rare development opportunity with potential for multi-story expansion on a sizable lot.
    (412) 298-2236
    Request Owner's contact information
    4017 Liberty 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
    4017 Liberty Ave Pittsburgh, PA 15224
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