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Retail Space with Outdoor Patio
For Lease
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2950 S Water St, Pittsburgh, PA 15203

3,700 sq ft retail space with outdoor patio.

Space Size3,700 SF
Days on Market703

Property Features for 2950 S Water St

General Information

Standard status Active
Size 3,700 SF
Property subtype Retail, Restaurant

Building Details

Tenancy Single

Spaces For Lease

at 2950 S Water St Contact us

Available Space

Size
3,700 SF
Type
Restaurant, Retail
Availability
Active
Contact us
Listing Agency: Legacy Realty Partners
Listed By: Herky Pollock · License #RM425859
Source: Crexi
Added: Sep 30, 2024 Changed: Aug 17 Last Checked: Sep 1 at 9:43AM

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 Legacy Realty Partners

Investment Insights

Based on property information with market context.

This 3,700 sq. ft. retail space is available for lease and includes an outdoor patio. It is located at the base of the SpringHill Suites in South Side, offering a prime corner location with high visibility. The property is situated at the entrance to the Steelers / Pitt Football Practice facility and the UPMC Sports Medicine Facility, and directly across the street from one of the entrances to SouthSide Works. The SpringHill Suites consists of 115 rooms, providing potential customers. The IBEW Circuit Center wedding venue / conference center is located next door. The property is also situated along the Three Rivers Heritage Trail, which is used year round by runners, walkers, and cyclists.

Key Highlights

  • Prime corner location with high visibility at the entrance to the Steelers / Pitt Football Practice facility and the UPMC Sports Medicine Facility
  • Expansive outdoor patio seating
  • Directly across the street from one of the entrances to SouthSide Works

Property Analytics

Current Use

SpringHill Suites Pittsburgh ... Hotel & Motel The Phlebotomy Training Center Vocational School

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Bakery Electrical Service Carpet & Flooring Store Garden Center

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,126
Businesses Nearby

Demographics for 15203, PA

10,720
Population
6,983
Households
1.5
Avg Household Size
30
Median Age
61%
College-Educated
95%
High-School Grad
1.5 sq mi
ZIP Area
7,147
Density / Sq Mi
$71,299
Median Household Income
$55,738
Median Earnings
$1,458
Median Rent
$251,900
Median Home Value

Market

Lease Benchmarks for Pittsburgh, PA

$17.27 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
7,485 SF
Avg Space Size

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 - 3,700 sq ft retail space with outdoor patio.
Where is this retail space located?
The property is located at 2950 S Water St Pittsburgh, PA.
What are key features of this property?
This property features: Prime corner location with high visibility at the entrance to the Steelers / Pitt Football Practice facility and the UPMC Sports Medicine Facility; Expansive outdoor patio seating; Directly across the street from one of the entrances to SouthSide Works
More about this property
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