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    4017 Liberty Ave Pittsburgh, PA 15224

    For Sale
    $3,000,000

    Prime Pittsburgh location, 34,368 SF, development opportunity.

    Property size:
    34,368 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 34,368 square foot executive office building, located at 4017 Liberty Avenue in Pittsburgh, Pennsylvania's Upper Strip District, presents a unique investment opportunity. Currently vacant, the Class B building offers significant potential for redevelopment or continued use as executive office space. The property sits on a substantial 15,300 square foot lot, allowing for expansion or the addition of multiple stories, as needed. Large windows provide ample natural light. The building's existing features include exposed beams and high ceilings, adding character and potential for creative design. Its strategic location offers easy access to major medical facilities, including West Penn Hospital, UPMC Children's Hospital of Pittsburgh, and UPMC Shadyside. An additional parcel of land is also available for purchase (details available upon request). The asking price for this remarkable property is $3,000,000. This presents a rare chance to acquire a significant property in a thriving and expanding area of Pittsburgh. The building's size and location make it ideal for a variety of uses, from executive offices to potential residential conversion. Don't miss this opportunity to own a piece of Pittsburgh's vibrant Upper Strip District.

    Property Features for 4017 Liberty Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    34,368 SF
    Class
    B

    HighLights

    • 34,368 SF Class B office building on a 15,300 SF lot in Pittsburgh's Upper Strip District.
    • Rare redevelopment opportunity; currently vacant.
    • Excellent medical proximity: near West Penn Hospital, UPMC Children's Hospital, and UPMC Shadyside.
    • Adjacent land parcel available for purchase.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nowalk Lighting Lighting Store Garth E Massingill ... Interior Designer

    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
    -79.9564128
    Latitude
    40.4632571

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Pittsburgh location, 34,368 SF, development opportunity.
    Where is this office property / space located?
    The property is located at 4017 Liberty Ave Pittsburgh, PA.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: 34,368 SF Class B office building on a 15,300 SF lot in Pittsburgh's Upper Strip District.; Rare redevelopment opportunity; currently vacant.; Excellent medical proximity: near West Penn Hospital, UPMC Children's Hospital, and UPMC Shadyside.
    (412) 536-5036
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    4017 Liberty 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
    4017 Liberty Ave Pittsburgh, PA 15224
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