4730 Friendship AvePittsburgh, PA 15224

  • Specialty properties
  • 0.19 AC
For Sale

Property Details for 4730 Friendship Ave

Lot size
0.19 AC
Property type
Specialty properties
Property subtype
Other specialty properties
APN
50-N-158
APU
50N158

Description

This exceptional 6,828 square foot, two-story commercial building presents a unique redevelopment opportunity in Pittsburgh's desirable Bloomfield neighborhood. Currently configured as retail space, the property offers significant potential for conversion to multifamily, hotel, or other uses. Situated on a 0.19-acre lot at 4730 Friendship Avenue, the building boasts excellent street-level visibility and accessibility. Its prime location offers unparalleled proximity to Lawrenceville and the Strip District, placing it within easy reach of a vibrant and growing urban core. Furthermore, its adjacency to UPMC Children's Hospital and West Penn Hospital ensures a strong potential customer base. The building's walkability and bikeability are exceptional, boasting Walk Score® of 96 (Walker's Paradise) and Bike Score® of 98 (Biker's Paradise), underscoring its convenient location within a highly sought-after area. This property represents a rare chance to capitalize on a thriving neighborhood and create a significant return on investment. The Class C building presents a blank canvas for creative redevelopment, offering a substantial footprint and the potential to cater to a wide range of uses. Don't miss this chance to acquire a property in a location that combines high visibility, accessibility, and proximity to major medical facilities and popular neighborhoods.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,023,066
    Hospitality
    $1,853,118
    Educational
    $1,541,772
    Medical
    $1,594,796
    Retail
    $2,398,313
4730 Friendship Ave, Pittsburgh, Pennsylvania

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.4629
Longitude
-79.9484
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
$11,575
$90,500
$411,900
$502,400
-
$90,500
$411,900
$502,400

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