4619 Butler Street, Pittsburgh, PA 15201
A Commercial Offering from The Dustin Nulf Team
(please click on links for more detailed information)
Acreage: Roughly 0.44 acres
Ask Price: $1,743,119
Location: Lawrenceville, a neighborhood within the City of Pittsburgh, Pennsylvania
Summary of Lawrenceville: Lawrenceville is an up-and-coming neighborhood within Pittsburgh’s City limits. Home of the recently revised UPMC Children’s Hospital (a sprawling 1,500,000sq/ft hospital employing over 3000 medical professionals), Lawrenceville has seen a recent shift in demographics and a massive upswing in Real Estate value with the added jobs and increased income and retail spending brought on by the completion of the Hospital.
Summary of Pittsburgh: The City of Pittsburgh has been labeled one of America’s best places to live numerous times in the last 5 years. With Pittsburgh’s median income almost having doubled since 2000 and an increase in average single-family home value of almost 14% in the last two years, it’s easy to see why Pittsburgh has been on the radars of residential and commercial investors worldwide.
More Details on 4619 Butler Street, Pittsburgh, PA 15201
Zoning: These 4 parcels are Zoned LNC (Light Neighborhood Commercial) and have many potential uses.
Uses: These parcels are ideal for a number of potential uses including;
Residential development: The recent “Doughboy Square” units sold PRESALE for between $325,000 and $400,000 each!
Medical Facility: With Children’s Hospital right up the hill, this would be an ideal location for a neighborhood care facility or a competing medical care facility.
Gas Station/Convenience Store: commuting to and from the city creates heavy traffic on Butler Street. With only 2 very small (and hardly clean) gas stations in Lawrenceville, this makes a great location for competing fuel and convenience store business.
Drugstore: You can’t find a much better location than this! Check out the competing business list.
Fast-food Restaurant: Your nearest competition is Wendy’s which is located on a perfect parcel on the corner of 40th and Butler and a (very small) Subway restaurant which seats only about 25 customers and occupies a tiny storefront on the corner near Wendy’s parking lot.
Bank: There are only 2 competing banks located between 40th Street and 50th Street in Lawrenceville and neither one of them occupy the amount of space as this parcel of land. Great location for a competing bank or even a bank looking to expand!
Brought to you by:
Keller Williams Realty and The Dustin Nulf Team
- Pittsburgh’s Real Estate Market Performance as of the Halfway Mark of 2012
- Investment and Income Properties in and around Pittsburgh – Harrison Twp