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    340 46Th St Pittsburgh, PA 15201

    For Sale
    $2,800,000

    Large Church, Redevelopment Potential, 1+ Acre Lot

    Property size:
    50,537 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 50,537 square foot property located at 340 46th Street in Pittsburgh, Pennsylvania, presents a unique redevelopment opportunity. Situated on a 1.16-acre lot in the heart of Lawrenceville's 9th Ward, this special purpose property is zoned R1A-H, offering significant flexibility for future development. The asking price is $2,800,000, translating to $58.37 per square foot. The existing structure, currently used as a religious/church building, provides substantial square footage for repurposing or demolition to make way for a new project. Its prime location within the vibrant Lawrenceville neighborhood offers excellent access to amenities, transportation, and a thriving community. This over one-acre lot presents a rare chance to acquire a significant piece of developable land in a highly sought-after area of Pittsburgh. The property's size and zoning make it ideal for a variety of potential uses, subject to city approvals. This is a compelling investment opportunity for developers seeking a high-impact project in a dynamic urban setting. Serious inquiries only.

    Property Features for 340 46Th St

    General Information

    Property type
    Churches & religious facilities
    Square Feet
    50,537 SF
    Lot Size
    50,530 SF

    HighLights

    • Development opportunity in Lawrenceville's 9th Ward.
    • Over one acre of R1a‑h zoned land.
    • Prime Lawrenceville location.
    • Asking price: $2,950,000.
    • Located in the heart of Lawrenceville.
    • Pittsburgh, PA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Saint Mary's Academy ... Historical Landmark

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon 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
    -79.9552709
    Latitude
    40.4700195

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    FAQs

    What type of property is this?
    Church & religious facility - Large Church, Redevelopment Potential, 1+ Acre Lot
    Where is this church & religious facility located?
    The property is located at 340 46Th St Pittsburgh, PA.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: Development opportunity in Lawrenceville's 9th Ward.; Over one acre of R1a-h zoned land.; Prime Lawrenceville location.
    Request Owner's contact information
    340 46Th St Pittsburgh, PA 15201
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    Pittsburgh, PA 15201
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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
    340 46Th St Pittsburgh, PA 15201
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