Warehouse and Flex
6328 Butler St Pittsburgh, PA 15201
6328 Butler St, Pittsburgh, PA, 15201
$450,000
For Sale
$450,000
4,870 SF warehouse building on Butler Street suited for contractor, fabricator, or flex use.
Property Size4,870 SF
Price / SF$92.40
Days on Market93
Property Features for 6328 Butler St
General Information
- Standard status
- Active
- Size
- 4,870 SF
- Property subtype
- Street Retail
Properties For Sale
at 6328 Butler St Contact us
Listing agency
SVN | Three Rivers Commercial Advisors
(724) 918-4426
Listed by
Jason Campagna · License #RM424399
(724) 918-4426
Source
Thebrokerlist
Added: Apr 21 Updated: Jul 22 at 3:21AM Checked: Jul 22 at 3:21AM
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 property at 6328 Butler Street offers a 4,870 SF warehouse building configured for contractor, fabricator, or flex use. The building is positioned to benefit from its street-facing frontage along Butler Street.
The site is located in Lawrenceville, Pittsburgh and is prominently positioned along Butler Street. The area is described as a dense mix of retailers, restaurants, and residential development.
For sale, the offering also contemplates lease or ground lease structures per the public remarks, providing multiple paths to occupancy or acquisition for qualified parties.
The site is located in Lawrenceville, Pittsburgh and is prominently positioned along Butler Street. The area is described as a dense mix of retailers, restaurants, and residential development.
For sale, the offering also contemplates lease or ground lease structures per the public remarks, providing multiple paths to occupancy or acquisition for qualified parties.
Key Highlights
- 4,870 SF warehouse building at 6328 Butler Street in Lawrenceville, Pittsburgh
- Suitable for contractor, fabricator, or flex use
- Prominently positioned along Butler Street with frontage on a retail corridor
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.5k | $8.52 |
| − Vacancy | −$2.2k | −$0.45 |
| EGI | $39.3k | $8.07 |
| − OpEx | −$5.9k | −$1.21 |
| NOI | $33.4k | $6.86 |
4,870 SF · lease $8.52/SF/yr · vacancy 5.30% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$477.1K
$417.5K – $556.7K
NOI $33,399 @ 7.0% cap · market cap 7.42%
Second Best
Flex RnD
$408.1K
$357.1K – $476.1K
NOI $28,565 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,569 @ 7.0% cap · market cap 24.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Coleman's Catering Services — 328 Butler St, Pittsburgh, PA 15223
- Nicole's Kitchen LLC — 328 Butler St, Pittsburgh, PA 15223
- Mindy's Take & Bake — 1100 N Canal St, Pittsburgh, PA 15215
FAQs
What type of property is this?
Flex space - 4,870 SF warehouse building on Butler Street suited for contractor, fabricator, or flex use.
Where is this flex space located?
The property is located at 6328 Butler St Pittsburgh, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 4,870 SF warehouse building at 6328 Butler Street in Lawrenceville, Pittsburgh; Suitable for contractor, fabricator, or flex use; Prominently positioned along Butler Street with frontage on a retail corridor
