931 Liberty AvePittsburgh, PA 15222

  • Investment properties
  • 0.10 AC

Property Details for 931 Liberty Ave

Lot size
0.10 AC
Property type
Investment properties
Property subtype
Live-work space
APN
9-N-49
APU
9N49

Description

This exceptional two-story commercial building, located at 931 Liberty Avenue in Pittsburgh's vibrant Cultural District, offers a total of 3,200 square feet of retail space currently available for lease. The property is ideally suited for multiple tenants, with each of the two available units encompassing 1,600 square feet. This prime location provides unparalleled visibility and accessibility, making it an excellent opportunity for businesses seeking high foot traffic and exposure in a bustling urban setting. The building's street-level retail configuration ensures optimal storefront presence, while the second story offers additional space for operations or storage. Situated in Allegheny County, Pennsylvania, with a 15222 zip code, this property benefits from the energy and activity of the surrounding neighborhood. The entire 3,200 square feet is currently vacant, presenting a unique chance to customize the space to perfectly fit your business needs. This is a rare opportunity to establish a presence in a highly desirable and dynamic area of Pittsburgh. The property's classification as both retail and restaurant-suitable opens up a wide range of possibilities for prospective tenants. Don't miss this chance to secure a prominent location in a thriving commercial district.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $836,779
    6.5%
    $772,412
    7%
    $717,239
  • Comparable approach

    Method
    Valuation
    Relative Method
    $411,576
    Geo Method
    $411,576
  • Alternative Use

    Use
    Valuation
    Residential
    $957,791
    Hospitality
    $877,331
    Educational
    $729,929
    Medical
    $755,032
    Retail
    $1,135,445

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.4435
Longitude
-79.9969
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
$10,002
$264,000
$170,100
$434,100
-
$264,000
$170,100
$434,100

FAQs

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