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    3908 Penn Ave Pittsburgh, PA 15224

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    For Lease
    Contact for pricing

    4,000 SF retail space with prime frontage on Penn Ave.

    Property size:
    4,000 SF
    Lot size:
    0.24 Acres

    Property Features for 3908 Penn Ave

    General Information

    Size
    4,000 SF
    Lot size
    0.24 Acres

    Source: Commonwealth CRE Agent Jr Yocco

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Retail in Lawrenceville

    This freestanding retail property offers 4,000 square feet of gross leasable area. The property is located on Penn Avenue in the Lawrenceville neighborhood of Pittsburgh, offering frontage along this thoroughfare. It is situated less than 1 mile from Route 28 and 2 miles from Interstates 275 and 376. The location benefits from an average annual daily traffic count of 8,143. The property includes 8 off-street parking spaces, supplemented by available public street parking. The property is approved for a second floor build.
    Insight Report Location Intelligence

    Current Use by Public Records

    EZ-CAR RENTALS,LLC Car Rental Agency Noire Distillery Distillery

    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
    -79.958489
    Latitude
    40.464806

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    FAQs

    What type of property is this?
    Retail space - 4,000 SF retail space with prime frontage on Penn Ave.
    Where is this retail space located?
    The property is located at 3908 Penn Ave Pittsburgh, PA.
    What are key features of this property?
    This property features: - Prime frontage on Penn Ave. in highly desirable Lawrenceville.; - Freestanding retail building with **4,000 GLA**.; - Approved for **2nd floor build-out**.
    (412) 937-1925
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    3908 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
    3908 Penn Ave Pittsburgh, PA 15224
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