328 Pearl St - Apartments FOR SALE


Pittsburgh, PA 15224- Bloomfield
$2,749,000 USD
328 Pearl St, Pittsburgh, PA for Sale
$2,749,000 USD
Apartments - FOR SALE
1/22
null | Request Cap Rate

328 Pearl St
Pittsburgh, PA 15224
Bloomfield


HIGHLIGHTS

  • High Visibility & Foot Traffic – Located in a bustling corridor with strong demographics and consistent demand for residential and commercial spaces.
  • Large lot size 137' x 80'

OVERVIEW

Prime Redevelopment Opportunity in Bloomfield – Mixed-Use Property for Sale! Seize this rare opportunity to acquire a versatile mixed-use property in the heart of Bloomfield, Pittsburgh’s dynamic and growing neighborhood. This unique asset features plenty of off-street parking, four residential units and retail/industrial/flex space all situated on a large footprint encompassing 2 parcels making it an ideal candidate for redevelopment or repositioning to maximize value. Key Highlights: ? Prime Location – Situated in Bloomfield, a high-demand area known for its walkability, thriving business district, and proximity to Lawrenceville, Shadyside, and Downtown Pittsburgh. ? Diverse Income Potential – Four residential apartments, two street-level retail units, and an industrial component offer multiple revenue streams. ? Redevelopment Potential – Perfect for conversion into modern apartments, boutique retail, or creative office space to meet the area’s growing demand. ? Zoning Flexibility – Positioned for adaptive reuse, expansion, or complete redevelopment in the R2-VH zoning district just off Liberty (buyer to verify zoning allowances). ? High Visibility & Foot Traffic – Located in a bustling corridor with strong demographics and consistent demand for residential and commercial spaces. ? Excellent Transit & Accessibility – Convenient access to public transportation, major roadways, and Pittsburgh’s major employment hubs. This is an exceptional investment opportunity for developers, investors, or owner-users looking to capitalize on the continued growth of Bloomfield. Don’t miss your chance to transform this well-located asset into a high-performing property!

FOR SALE DETAILS

PRICE

$2,749,000 USD

PRICE/SF

$242 USD /SF

# OF UNITS

6

PRICE/UNIT

$458,167

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

R2-VH

APN/PARCEL ID

0026-D-00228-0000-00,0026-D-00230-0000-00

ASK ABOUT THIS PROPERTY

Jim BarbourKW CommercialMore Info

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