Flex Space with On-Site
4225-4301 Main St, Pittsburgh, PA 15224
For Sale
$1,800,000
Three parcels, each with separate utilities, are available together or individually.
Property Size10,000 SF
Price / SF$180
Days on Market365
Property Features for 4225-4301 Main St
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Utilities to Site
Taxes and HOA fees
Annual Taxes
Amenities
parking lot
Listing Agency:
COLDWELL BANKER REALTY
(412) 366-1600
Listed By:
Jennifer Bartlett · License PA RS298809
(412) 848-2712
Source:
Indianlakerealty
Added: Nov 13, 2025
Changed: Nov 11
Last Checked: Nov 11 at 5:29PM
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 COLDWELL BANKER REALTY
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property comprises 10,000 square feet of flex space across three separate parcels, with a parking lot on site. Each parcel has its own utilities, and the parcels may be purchased as a group or individually.
Located at 4225-4301 Main St in Pittsburgh, the property is near the city’s medical community and public transportation. The zoning is listed as commercial.
Located at 4225-4301 Main St in Pittsburgh, the property is near the city’s medical community and public transportation. The zoning is listed as commercial.
Key Highlights
- 10,000 total square feet of flex space
- Three separate parcels, available together or individually
- Separate utilities for each parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,656
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,173,120
$1.2M
Cap Rate 7%
$837,943
$837.9K
Cap Rate 9%
$651,733
$651.7K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$96.0K $9.60/SF
− Vacancy
−$5.8K −$0.58/SF
EGI
$90.2K $9.02/SF
− OpEx
−$31.6K −$3.16/SF
NOI
$58.7K $5.87/SF
Area
Pittsburgh, PA
Vacancy
6.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,173,120
Cap Rate 7%
$837,943
Cap Rate 9%
$651,733
Alternative Uses
Best Use
Flex RnD
$837.9K
$733.2K – $977.6K
NOI $58,656 @ 7.0% cap · market cap 3.26%
Second Best
Industrial
$806.8K
$706.0K – $941.3K
NOI $56,479 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$3.18M
$2.79M – $3.72M
NOI $222,935 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,584
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Flex space in Pittsburgh
Vacancy Rate% for Industrial in Pittsburgh, PA
Similar Off Market Nearby
- Soiree Partners — 3401 Liberty Ave, Pittsburgh, PA 15201
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- Foxy Frans Catering & Vending Services — 250 S Pacific Ave, Pittsburgh, PA 15224
- Roxanne’s Catering LLC — 4124 Main St, Pittsburgh, PA 15224
- Food By Phoenix — 5160 penn ave, pittsburgh, pa 15224
Frequently Asked Questions
What type of property is this?
Flex space - Three parcels, each with separate utilities, are available together or individually.
Where is this flex space located?
The property is located at 4225-4301 Main St Pittsburgh, PA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 10,000 total square feet of flex space; Three separate parcels, available together or individually; Separate utilities for each parcel
