3609 Butler StPittsburgh, PA 15201

  • Retail space
  • 0.06 AC
For Sale
$1,124,000 View listing

Property Details for 3609 Butler St

Lot size
0.06 AC
Property type
Retail space
APN
49-J-114
APU
49J114

Description

This exceptional Lawrenceville property boasts two fully renovated retail spaces situated on a high-visibility section of Butler Street. Each storefront is designed for optimal functionality. The primary storefront includes his-and-hers ADA-compliant restrooms, a convenient kitchenette, and basement access offering extra workspace potential. The second storefront features an employee bathroom and a rear room equipped with a wash sink, providing versatility for a range of businesses. Adding to the investment appeal is a tenant-occupied apartment generating immediate rental income. The property also includes a valuable rear garage and five off-street parking spaces – a rare commodity in this vibrant neighborhood. The 0.06-acre lot ensures ample space for both the buildings and outdoor activities. Meticulously maintained by the owner, this property presents a turnkey opportunity for investors or entrepreneurs seeking a prime location in one of Pittsburgh's most sought-after commercial districts. The property is priced at $1,124,000 and offers a unique blend of retail space, residential income, and convenient parking, making it an attractive investment in a thriving market. Don't miss this chance to own a piece of Lawrenceville's dynamic commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $726,857
    6.5%
    $670,945
    7%
    $623,020
  • Comparable approach

    Method
    Valuation
    Relative Method
    $612,874
    Geo Method
    $612,874
  • Alternative Use

    Use
    Valuation
    Residential
    $565,967
    Hospitality
    $518,423
    Educational
    $431,322
    Medical
    $446,156
    Retail
    $670,945

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.4657
Longitude
-79.9654
CBSA code
38300
CBSA name
PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,233
$60,800
$36,100
$96,900
-
$60,800
$36,100
$96,900

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].