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    233 Auburn St Pittsburgh, PA 15206

    For Sale
    Contact for pricing

    Prime 37,585 SF Industrial Site

    Property size:
    37,585 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional redevelopment opportunity encompasses a 1.32-acre site in Pittsburgh's Larimar neighborhood, conveniently located near Bakery Square. The property includes a 37,585 square foot former commercial bakery building, featuring a mezzanine and basement, which operated for over 60 years. An additional 8,720 square foot parcel contains a 2,745 square foot building previously used as a vehicle repair shop. The majority of the land is zoned UI, offering significant potential for various industrial uses. This prime location presents a unique chance to acquire a substantial property in a thriving urban area, combining vacant land with existing structures for a versatile redevelopment project. The main building offers significant square footage, while the smaller building provides additional space or potential for demolition and expansion. The property's proximity to Bakery Square adds to its appeal, offering easy access to amenities and a vibrant community. This is an ideal opportunity for developers seeking a large-scale project in a desirable Pittsburgh location.

    Property Features for 233 Auburn St

    General Information

    Property type
    Distribution properties
    Square Feet
    37,585 SF
    Lot Size
    57,499 SF

    HighLights

    • Prime redevelopment opportunity in Pittsburgh, PA.
    • 1.32‑acre site with a mix of vacant land and existing industrial buildings.
    • Conveniently located near Bakery Square.
    • Zoned UI (Urban Industrial), offering flexibility for various development projects.
    • Total building area of approximately 37,585 square feet, including a former bakery and repair shop.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Stagno's Bakery Bakery

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Accounting Firm Pharmacy Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.9134564
    Latitude
    40.4612123

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    FAQs

    What type of property is this?
    Distribution property - Prime 37,585 SF Industrial Site
    Where is this distribution property located?
    The property is located at 233 Auburn St Pittsburgh, PA.
    What are key features of this property?
    This property features: Prime redevelopment opportunity in Pittsburgh, PA.; 1.32-acre site with a mix of vacant land and existing industrial buildings.; Conveniently located near Bakery Square.
    Request Owner's contact information
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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
    233 Auburn St Pittsburgh, PA 15206
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