Warehouse and Flex
For Sale
$450,000
6328 Butler St, Pittsburgh, PA 15201
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 Market184
Property Features for 6328 Butler St
General Information
Standard status
Active
Size
4,870 SF
Property subtype
Street Retail
Building Details
Building Size
4,870 SF
Properties For Sale
at 6328 Butler St Contact usGround Lease
Size
22,224 SF
Retail Building
Size
4,870 SF
Listing Agency:
SVN | Three Rivers Commercial Advisors
Listed By:
Jason Campagna · License ##RM424399
(724) 918-4426
Source:
Thebrokerlist
Added: Apr 21
Changed: Oct 13
Last Checked: Oct 20 at 5:08PM
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
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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.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,399
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$667,980
$668.0K
Cap Rate 7%
$477,129
$477.1K
Cap Rate 9%
$371,100
$371.1K
Market Conditions
NOI Build-Up for 4,870 SF
Gross rent
$41.5K $8.52/SF
− Vacancy
−$2.2K −$0.45/SF
EGI
$39.3K $8.07/SF
− OpEx
−$5.9K −$1.21/SF
NOI
$33.4K $6.86/SF
Area
Pittsburgh, PA
Vacancy
5.30%
Lease Rate
$8.52 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$667,980
Cap Rate 7%
$477,129
Cap Rate 9%
$371,100
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 authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
630
Businesses Nearby
Under-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Pittsburgh, PA
Similar Off Market Nearby
- Nicole's Kitchen LLC — 328 Butler St, Pittsburgh, PA 15223
- Coleman's Catering Services — 328 Butler St, Pittsburgh, PA 15223
- Mindy's Take & Bake — 1100 N Canal St, Pittsburgh, PA 15215
Frequently Asked Questions
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
