Retail Space with Rear Garage
For Sale
Contact for pricing
5744 Butler St, Pittsburgh, PA 15201
Fully leased property occupied by three commercial tenants with additional rear garage bays.
Property Size15,600 SF
Price / SF$192.31
Days on Market56
Property Features for 5744 Butler St
General Information
Standard status
Active
Size
15,600 SF
Total Parking Spaces
2
Property subtype
RETAIL
Occupancy
100%
Additional Details
Road Access
Yes
Amenities
two rear garage bays
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
SVN | Three Rivers Commercial Advisors
(412) 535-8050
Listed By:
Jason Campagna · License ##RM424399
(724) 825-3137
Source:
Moodyscre
Added: Aug 13
Changed: Sep 14
Last Checked: Oct 5 at 6:05PM
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 SVN | Three Rivers Commercial Advisors
Investment Insights
Based on property information with market context.
This 15,600 SF retail property is fully leased to three commercial tenants. The configuration includes two garage bays at the rear, adding functional support space to the retail building. The occupied tenant mix and existing garage improvements are central features of the property.
The building fronts Butler Street at 5744 Butler St in Pittsburgh, PA 15201, within the Lawrenceville area. Its Butler Street frontage provides street-facing exposure, with visibility and traffic identified as notable characteristics of the setting.
The building fronts Butler Street at 5744 Butler St in Pittsburgh, PA 15201, within the Lawrenceville area. Its Butler Street frontage provides street-facing exposure, with visibility and traffic identified as notable characteristics of the setting.
Key Highlights
- 15,600 SF retail property
- 100% leased to three commercial tenants
- Two rear garage bays included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$181,818
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,636,360
$3.6M
Cap Rate 7%
$2,597,400
$2.6M
Cap Rate 9%
$2,020,200
$2.0M
Market Conditions
NOI Build-Up for 15,600 SF
Gross rent
$280.8K $18.00/SF
− Vacancy
−$21.1K −$1.35/SF
EGI
$259.7K $16.65/SF
− OpEx
−$77.9K −$5.00/SF
NOI
$181.8K $11.66/SF
Area
Pittsburgh, PA
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,636,360
Cap Rate 7%
$2,597,400
Cap Rate 9%
$2,020,200
Alternative Uses
Best Use
Retail
$2.60M
$2.27M – $3.03M
NOI $181,818 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$2.35M
$2.06M – $2.74M
NOI $164,530 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$4.97M
$4.35M – $5.80M
NOI $347,779 @ 7.0% cap · market cap 11.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
418
Businesses Nearby
Explore this area
Business Placement
Demographics for 15201, PA
12,802
Population
7,970
Households
1.6
Avg Household Size
36
Median Age
64%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
6,738
Density / Sq Mi
$86,049
Median Household Income
$59,987
Median Earnings
$1,538
Median Rent
$257,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Pittsburgh, PA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Fully leased property occupied by three commercial tenants with additional rear garage bays.
Where is this retail space located?
The property is located at 5744 Butler St Pittsburgh, PA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 15,600 SF retail property; 100% leased to three commercial tenants; Two rear garage bays included
