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    333 45Th St Pittsburgh, PA 15201

    For Sale
    $1,120,000

    14,000 SF Retail Building, $1.12M

    Property size:
    14,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional redevelopment opportunity presents a substantial 14,000 square foot retail building situated on a 0.47-acre lot in the heart of Pittsburgh's Lawrenceville neighborhood, specifically the 9th Ward. The property, formerly St. Mary's Gym, is a two-story facility with R1A-H zoning. The asking price is $1,120,000, translating to $80 per square foot. This presents a unique chance to acquire a large-scale property with significant potential for various retail uses. An adjacent parcel, St. Mary Church, encompassing an additional portion of land (for a combined total of approximately one acre), is also available for purchase. The property's central location within Lawrenceville offers excellent visibility and accessibility. A virtual tour is available for detailed viewing. This is an ideal investment for developers or entrepreneurs seeking a substantial footprint in a thriving Pittsburgh neighborhood.

    Property Features for 333 45Th St

    General Information

    Property type
    Retail properties
    Square Feet
    14,000 SF
    Lot Size
    20,473 SF

    HighLights

    • Redevelopment opportunity available.
    • 14,000+/- SF two‑story gym building.
    • 0.47‑acre lot.
    • Asking price: $1,120,000.
    • Adjacent parcel (St. Mary's Church) available for purchase, totaling 1 acre.
    • Located in Lawrenceville's 9th Ward, Pittsburgh.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Our Lady of the Angels ... Catholic Church St Mary's Lyceum Church

    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
    -79.9558827
    Latitude
    40.4699045

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    FAQs

    What type of property is this?
    Retail property - 14,000 SF Retail Building, $1.12M
    Where is this retail property located?
    The property is located at 333 45Th St Pittsburgh, PA.
    What is the asking price?
    The asking price for this property is $1,120,000.
    What are key features of this property?
    This property features: Redevelopment opportunity available.; 14,000+/- SF two-story gym building.; 0.47-acre lot.
    Request Owner's contact information
    333 45Th St 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
    333 45Th St Pittsburgh, PA 15201
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