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    4730 Friendship Ave Pittsburgh, PA 15224

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    For Sale
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    6,828 SF Retail Building, Prime Location

    Property size:
    6,828 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,828 square foot, two-story commercial building presents a unique redevelopment opportunity in Pittsburgh's desirable Bloomfield neighborhood. Currently configured as retail space, the property offers significant potential for conversion to multifamily, hotel, or other uses. Situated on a 0.19-acre lot at 4730 Friendship Avenue, the building boasts excellent street-level visibility and accessibility. Its prime location offers unparalleled proximity to Lawrenceville and the Strip District, placing it within easy reach of a vibrant and growing urban core. Furthermore, its adjacency to UPMC Children's Hospital and West Penn Hospital ensures a strong potential customer base. The building's walkability and bikeability are exceptional, boasting Walk Score® of 96 (Walker's Paradise) and Bike Score® of 98 (Biker's Paradise), underscoring its convenient location within a highly sought-after area. This property represents a rare chance to capitalize on a thriving neighborhood and create a significant return on investment. The Class C building presents a blank canvas for creative redevelopment, offering a substantial footprint and the potential to cater to a wide range of uses. Don't miss this chance to acquire a property in a location that combines high visibility, accessibility, and proximity to major medical facilities and popular neighborhoods.

    Property Features for 4730 Friendship Ave

    General Information

    Property type
    Retail properties
    Square Feet
    6,828 SF
    Class
    C
    Lot Size
    8,276 SF

    Building Details

    Stories
    2

    HighLights

    • High visibility from major thoroughfare.
    • Prime location in a thriving urban area.
    • Convenient access to Lawrenceville and Strip District neighborhoods.
    • Close proximity to UPMC Children's Hospital and West Penn Hospital.
    • Two‑story building with ground‑floor retail space.
    • Walk Score of 96 (Walker's Paradise).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.9483543
    Latitude
    40.4628527

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    FAQs

    What type of property is this?
    Retail property - 6,828 SF Retail Building, Prime Location
    Where is this retail property located?
    The property is located at 4730 Friendship Ave Pittsburgh, PA.
    What are key features of this property?
    This property features: High visibility from major thoroughfare.; Prime location in a thriving urban area.; Convenient access to Lawrenceville and Strip District neighborhoods.
    (412) 613-6229
    Request Owner's contact information
    4730 Friendship Ave Pittsburgh, PA 15224
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    Pittsburgh, PA 15224
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4730 Friendship Ave Pittsburgh, PA 15224
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