464 Walnut StPittsburgh, PA 15238

Property Details for 464 Walnut St

Lot size

0.36 AC

Property type

Office buildings

APN

292-K-18

APU

292K18

Description

This exceptional three-story office building, situated at 464 Walnut Street in Blawnox, Pennsylvania, presents a unique investment opportunity. The 5,964 square foot building boasts nineteen individual offices, each floor conveniently equipped with restrooms. Ample parking is provided with a twelve-space lot, ensuring easy access for occupants and visitors. Currently zoned R-2 (Single/Two Family Residential), this property offers significant potential for conversion into residential units or redevelopment into a different use entirely. The building's prime location within the desirable Fox Chapel School District provides access to excellent schools and a strong community. Local amenities, including retail and dining options, are readily available in both Blawnox and nearby Fox Chapel. Furthermore, its strategic location offers unparalleled convenience, being just one mile from Route 28, 1.6 miles from the Waterworks Shopping Center, and four miles from the Pennsylvania Turnpike. This ensures seamless connectivity to major transportation arteries, making commuting effortless. The 0.36-acre lot provides ample space for future development or expansion. This property is ideal for investors seeking a versatile asset with strong potential for appreciation in a highly sought-after location. Whether maintaining its current use or pursuing a residential conversion, this building offers a compelling investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $3,465,901

  6.5%

  $3,199,293

  7%

  $2,970,772

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,190,461

  Geo Method

  $3,100,470

• Alternative Use

  Use

  Valuation

  Residential

  $3,967,123

  Hospitality

  $3,633,864

  Educational

  $3,023,332

  Medical

  $3,127,309

  Retail

  $4,702,960

Location Insight

City

Pittsburgh

County

Allegheny

State

Pennsylvania

Latitude

40.4965

Longitude

-79.8579

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].