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    1317 E Carson St Pittsburgh, PA 15203

    Sponsored
    For Sale
    $1,525,000

    Historic building, 20,100 SF, 16-car lot

    Property size:
    20,100 SF

    Description

    Added:
    Jan 20, 2025
    Days on Market:
    351
    This exceptional redevelopment opportunity presents a 20,100 square foot building situated on a 0.46-acre lot in Pittsburgh's vibrant South Side neighborhood. The property boasts a significant 16-car parking lot, a rare find for East Carson Street properties. The building, rich in history, dates back to the early 1900s and features a functional freight elevator and a drive-in door. The first floor, approximately 7,500 square feet, includes a commercial kitchen and is available for lease. The building's electric has been updated, offering a blank canvas for creative redevelopment. The property benefits from a high-traffic location with 12,246 average daily traffic counts on East Carson Street and a prominent 40-foot frontage. Previous uses include a motor company and a long-standing grocery market. Current ownership has been pursuing Living Building Challenge certification, highlighting the potential for a sustainable and environmentally conscious project. This is a unique chance to acquire a historic building with significant potential in a thriving Pittsburgh neighborhood. The sale condition is lease-option, and the asking price is $1,525,000.

    Property Features for 1317 E Carson St

    General Information

    Sale Condition
    lease-option
    Property type
    Other retail properties
    Square Feet
    20,100 SF
    Price / Square Foot
    $75
    Total Parking Spaces
    16
    Elevators
    N/A
    Lot Size
    20,100 SF

    HighLights

    • 20,100 square foot redevelopment opportunity in Pittsburgh's South Side.
    • Features a 16‑car parking lot, a rare amenity in this location.
    • Historic building with a commercial kitchen and large rear garage door.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    State
    Pennsylvania
    Longitude
    -79.984563
    Latitude
    40.42913

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    FAQs

    What type of property is this?
    Other retail property - Historic building, 20,100 SF, 16-car lot
    Where is this other retail property located?
    The property is located at 1317 E Carson St Pittsburgh, PA.
    What is the asking price?
    The asking price for this property is $1,525,000.
    What are key features of this property?
    This property features: 20,100 square foot redevelopment opportunity in Pittsburgh's South Side.; Features a 16-car parking lot, a rare amenity in this location.; Historic building with a commercial kitchen and large rear garage door.
    (724) 825-0888
    Request Owner's contact information
    1317 E Carson St Pittsburgh, PA 15203
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    Pittsburgh, PA 15203
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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
    1317 E Carson St Pittsburgh, PA 15203
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