340 46Th St Pittsburgh, PA 15201
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.