633 Smithfield St Pittsburgh, PA 15222-2505
- Turn key restaurants
- 0.06 lot acres
May 05, 2021
Current Use by Public Records
- Emad Inc / Real Estate Appraiser
- A Place To Toast / Bar
Property Details for 633 Smithfield St
- Lot size
- 0.06 lot acres
- Property type
- Turn key restaurants
- APN
- 2-A-47
- APU
- 2A47
Description
This exceptional six-story, 7,200-square-foot mixed-use building presents a unique investment opportunity in the heart of Pittsburgh, Pennsylvania. Located at 633 Smithfield Street, this Class C property offers a versatile open floor plan ideal for various commercial uses, including office space, retail, and residential condos. The building's C1 zoning allows for flexible development, maximizing its potential. With 7,000 square feet of net rentable space, the property boasts a desirable price per square foot of $83.19. The building's prime location on Smithfield Street provides excellent visibility and accessibility, benefiting from high foot traffic and proximity to public transportation. The vacant building is ready for immediate development, allowing for customization to suit specific business needs. Potential uses include a street-level restaurant, capitalizing on the area's bustling atmosphere. The property's multiple floors offer opportunities for mixed-use development, catering to diverse tenants or residents. Upper floors may offer scenic city views, enhancing the appeal of office or residential spaces. This investment presents a chance to capitalize on Pittsburgh's ongoing downtown revitalization and the strong demand for modern commercial spaces. The building is available for occupancy on May 1, 2024. This is an investor-ready property with significant potential for long-term value appreciation. The building consists of one unit within one building.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pittsburgh
- County
- Allegheny
- State
- Pennsylvania
- Longitude
- -79.9973
- Latitude
- 40.4424
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA