4300 Murray AvePittsburgh, PA 15217

For Sale
$350,000

Prime Pittsburgh location, vacant bank, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 1,734 square foot retail property, located at 4300 Murray Avenue in Pittsburgh, Pennsylvania's Greenfield neighborhood (15th ward), presents a unique investment opportunity. Formerly a bank branch, this vacant building boasts a desirable location directly across from a bustling Giant Eagle grocery store, ensuring high visibility and foot traffic. The property benefits from its proximity to thriving neighborhoods including Squirrel Hill, Shadyside, Oakland, the University of Pittsburgh, Carnegie Mellon University, and the Waterfront Shopping Center. Built in 1980, the brick and masonry structure sits on a 0.11-acre lot (5,000 square feet) and features a single drive-thru lane and an on-site ATM (potential for lease-back). The building includes a full lower level, partially finished with a bathroom, break area, storage, and utility rooms. Recent improvements include a new roof (Summer 2023) and a new HVAC compressor (Spring 2023). The property has a 200-amp electric service. The assessed value is $256,300, with approximate annual property taxes of $5,995. Zoned LNC (Local Neighborhood Commercial), this property offers significant potential for a variety of retail uses. Offers are due March 1, 2024. Detailed offer submission instructions are available online. Two parking spaces are available on-site.

Highlights

  • Offers due March 1, 2024.
  • 1,734 SF first floor; full lower level.
  • 0.11-acre lot (5,000 SF).
  • Brick and masonry construction.
  • One drive-thru lane.
  • On-site ATM; potential lease-back.

Property Details for 4300 Murray Ave

Property type
Other retail properties, Individual retail properties
Square Feet
1,734 SF
Year Built
1980

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.4217701
Longitude
-79.9290345
4300 Murray Ave, Pittsburgh, Pennsylvania

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4300 Murray Ave
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