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Bloomfield Redevelopment Opportunity
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4730 Friendship Ave, Pittsburgh, PA 15224

Redevelopment opportunity in Bloomfield near Lawrenceville and Strip District.

Property SizeContact for details
Days on Market164

Property Features for 4730 Friendship Ave

General Information

Standard status Active
Property subtype Retail
Listing Agency: NAI Burns Scalo
Listed By: John Eliopoulous
Source: Naiglobal
Added: Mar 6 Changed: Jul 10 Last Checked: Aug 16 at 4:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Burns Scalo

Investment Insights

Based on property information with market context.

This property presents a unique redevelopment opportunity suitable for multifamily, hotel, or other uses, situated in the highly accessible and sought-after Bloomfield neighborhood. The location offers great visibility and is adjacent to Lawrenceville and the Strip District. It is also in proximity to UPMC Children’s Hospital and West Penn Hospital. The property consists of a 2-story building with street-level retail. The location has a Walk Score of 96, indicating it is a Walker’s Paradise, and a Bike Score of 98, designating it as a Biker’s Paradise.

Key Highlights

  • Walker's Paradise (Walk Score 96) and Biker's Paradise (Bike Score 98)
  • Spectacular Location in the sought‑after neighborhood of Bloomfield
  • Redevelopment opportunity for multifamily, hotel, or other uses

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Electrical Service (Bike/Boat/Book/etc) Store Building Supply Travel Agency Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,572
Businesses Nearby

Demographics for 15224, PA

10,568
Population
6,380
Households
1.7
Avg Household Size
34
Median Age
55%
College-Educated
94%
High-School Grad
1.5 sq mi
ZIP Area
7,045
Density / Sq Mi
$65,974
Median Household Income
$49,642
Median Earnings
$1,191
Median Rent
$240,600
Median Home Value

Market

Vacancy Rate% for Retail in Pittsburgh, PA

5.1% 2019
5.5% 2020
5.5% 2021
4.8% 2022
4.6% 2023
4.4% 2024
6.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Redevelopment opportunity in Bloomfield near Lawrenceville and Strip District.
Where is this retail space located?
The property is located at 4730 Friendship Ave Pittsburgh, PA.
What are key features of this property?
This property features: Walker's Paradise (Walk Score 96) and Biker's Paradise (Bike Score 98); Spectacular Location in the sought‑after neighborhood of Bloomfield; Redevelopment opportunity for multifamily, hotel, or other uses
More about this property
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