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Investment Highlights
- Prime urban location with strong demand
- Undersupplied rental market
- Proven value-add upside
- Strong market fundamentals & stability
Executive Summary
Colliers is pleased to present the opportunity to acquire 4725-27 Liberty Ave. Pittsburgh, PA 15224 located in one of Pittsburgh’s historic neighborhoods, Bloomfield. 4725-27 Liberty Ave. is a 5-unit mixed-use property with 4 residential units above the commercial storefront that is occupied by Bloomfield Drug store. This property offers investors an enticing value proposition, with substantial potential for value enhancement through upgrades to the common areas, fixtures, and exterior façade. Bloomfield, Pittsburgh’s “Little Italy,” offers a vibrant neighborhood with rich cultural heritage, walkable streets, and a strong local business scene. It’s ideally located near top healthcare facilities like UPMC Shadyside, West Penn, Children’s Hospital, and Shadyside Hospital, driving residential demand. With easy access to downtown and universities, Bloomfield combines historic charm and ongoing revitalization, making it a prime area for investment. The neighborhood also hosts annual Columbus Day and Halloween parades, fostering community spirit.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,953 SF
Building Class
C
Year Built
1950
Tenancy
Single
Building Height
3 Stories
Building FAR
2.61
Lot Size
0.07 AC
Zoning
LNC - Local Neighborhood Commercial
Parking
3 Spaces (1.29 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Health Mart began in 1996 as an independent pharmacy franchise and is part of McKesson. The business supports locally owned pharmacies with prescription services, operational support, and tools for pharmacy benefit contracting, store design, specialty medications, and other administrative needs. Health Mart operates as a nationwide network of independent pharmacies that offer personalized care, with services that include prescription management, online refill support, home delivery, vaccinations, and health and wellness guidance.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Retailer | - | - | - |
Exceptionally walkable
100/100
Somewhat drivable
30/100
Good public transit
70/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0051-A-00161-0000-00 | Improvements Assessment | $214,000 |
| Land Assessment | $101,100 | Total Assessment | $315,100 |
Property Taxes
Parcel Number
0051-A-00161-0000-00
Land Assessment
$101,100
Improvements Assessment
$214,000
Total Assessment
$315,100
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4727 Liberty Ave
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