Vacant Mixed-Use Building | Reduced Price
Retail | 6,940 SqFt
Marketing description
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 6,000 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. 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.
Investment highlights
- Asking Price: $499,000 (reduced from $525K)
- Property delivered vacant at closing
- Ideal for owner-users, investors, or redevelopment buyers
- Prominent corner location with excellent visibility
- Flexible mixed-use layout including commercial space and 2-bedroom residential apartment
- Approximately 6,000 vehicles per day on Murray Avenue with immediate access to major thoroughfares
- Recent capital improvements completed
- Minutes from Oakland, CMU, University of Pittsburgh, Bakery Square, and Downtown Pittsburgh
- Dense urban population base of more than 367,000 residents within five miles
- Average household income exceeds $100,000 within five miles
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