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4381 Murray Ave
Pittsburgh, PA 15217
Retail Property For Sale
Investment Highlights
- Property delivered vacant at closing; Ideal for owner-users, investors, or redevelopment buyers
- Flexible mixed-use layout including commercial space and 2-bedroom residential apartment
- Recent capital improvements completed
- Prominent corner location with excellent visibility
- Approximately 6,000 vehicles per day on Murray Avenue with immediate access to major thoroughfares
- Minutes from Oakland, CMU, University of Pittsburgh, Bakery Square, and Downtown Pittsburgh
Executive Summary
Lee & Associates is pleased to present 4381 Murray Avenue, a unique mixed-use commercial property located at the highly visible intersection of Murray Avenue, Hazelwood Avenue and Beechwood Boulevard in Pittsburgh’s Greenfield neighborhood.
The property consists of approximately 2,700± SF of first-floor commercial space featuring an open showroom layout, private office area, and multiple restrooms, along with a second-floor two-bedroom residential apartment, approximately 1,100 SF. The building will be delivered vacant, providing owner-users, investors and redevelopment buyers with immediate control of the asset and flexibility to reposition the property to meet their business or investment objectives.
Recent capital improvements and a highly visible corner location create a compelling opportunity to acquire a well-located asset below replacement cost in one of Pittsburgh’s established urban neighborhoods.
The property consists of approximately 2,700± SF of first-floor commercial space featuring an open showroom layout, private office area, and multiple restrooms, along with a second-floor two-bedroom residential apartment, approximately 1,100 SF. The building will be delivered vacant, providing owner-users, investors and redevelopment buyers with immediate control of the asset and flexibility to reposition the property to meet their business or investment objectives.
Recent capital improvements and a highly visible corner location create a compelling opportunity to acquire a well-located asset below replacement cost in one of Pittsburgh’s established urban neighborhoods.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,940 SF
Building Class
C
Year Built
1960
Price
$499,000
Price Per SF
$71.90
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.55
Lot Size
0.06 AC
Zoning
LNC - Local Neighborhood Commercial
Amenities
- Bus Line
- Air Conditioning
Property Taxes
| Parcel Number | 0088-F-00034-0000-00 | Improvements Assessment | $129,900 |
| Land Assessment | $59,500 | Total Assessment | $189,400 |
Property Taxes
Parcel Number
0088-F-00034-0000-00
Land Assessment
$59,500
Improvements Assessment
$129,900
Total Assessment
$189,400
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