The Square on Butler | Premier Lawrenceville Mixed-Use Opportunity

Colliers is pleased to present the opportunity to acquire The Square on Butler, a 59-unit mixed-use community with seven fully occupied ground-floor retail suites located at 3459 Butler Street in Pittsburgh’s Lawrenceville neighborhood. Positioned along Butler Street, one of the city’s most active commercial corridors, The Square on Butler benefits from immediate access to a concentration of restaurants, boutiques, entertainment venues, and neighborhood amenities that continue to drive strong residential and retail demand throughout the submarket.

Built in 2014, The Square on Butler offers institutional-quality construction with modern finishes and amenities designed to meet the preferences of today’s renter. The residential unit mix is primarily comprised of two-bedroom apartments, while community amenities include garage parking, a fitness center, on-site management, pet-friendly accommodations, modern kitchens, walk-in closets, and in-unit washer and dryers.

Since acquiring the property in 2022, ownership has invested more than $1 million into targeted capital improvements including common area renovations, hallway upgrades, fitness center improvements, and interior unit enhancements. These upgrades have strengthened the property’s competitive positioning within Lawrenceville while creating a turnkey investment opportunity with limited near-term capital requirements.

Located at the intersection of Lawrenceville and the Strip District, 3459 Butler Street is surrounded by some of Pittsburgh’s strongest employment, education, and lifestyle drivers. The property sits within close proximity to the University of Pittsburgh, Carnegie Mellon University, UPMC, and Pittsburgh’s growing technology and life sciences sectors, supporting continued residential demand from young professionals, students, and medical employees. Downtown Pittsburgh and the Strip District are both located within a 10-minute drive of the property, further enhancing connectivity and accessibility throughout the city.

Surrounded by walkable dining, entertainment, and retail destinations along Butler Street, The Square on Butler offers investors the opportunity to acquire a well-positioned mixed-use asset in one of Pittsburgh’s most established and supply-constrained urban neighborhoods.

For more information regarding The Square on Butler, including offering details and property tours, please contact the Colliers capital markets team.