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Downtown Pittsburgh Retail Space Available
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550 Wood St, Pittsburgh, PA

Retail space in a revitalizing downtown location, available for rent.

Space Size1,821 SF - 7,409 SF
Lot Size0.10 Acres
Days on Market869

Property Features for 550 Wood St

General Information

Standard status Active
Size 1,821 SF - 7,409 SF
Lot size 0.10 Acres
Property subtype RETAIL

Spaces For Lease

at 550 Wood St Contact us

300 6th Ave

Floor
1
Size
1,821 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Appeal for the Downtown Pittsburgh residential market is flourishing and 300 6th...
show more
Contact us

300 6th Ave

Floor
1
Size
7,409 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Appeal for the Downtown Pittsburgh residential market is flourishing and 300 6th...
show more
Contact us
Listing Agency: CBRE | Pittsburgh
Listed By: Jason Cannon
Source: Moodyscre
Added: Apr 26, 2024 Changed: Aug 8 Last Checked: Sep 11 at 4:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Pittsburgh

Investment Insights

Based on property information with market context.

Located in downtown Pittsburgh, the historic building at 300 6th Avenue, formerly The McCreery & Co Department store and later the GNC Headquarters, is undergoing renovation into a 253-unit apartment building, offering a mix of studio, one-, two-, and three-bedroom units. Retail space is available along both Wood Street and Sixth Avenue. The Sixth Avenue space is near the Duquesne Club and the First Presbyterian Church of Pittsburgh. Situated at the corner of Sixth and Wood Streets, the property is central to the Cultural District and the Smithfield Street corridor, which is slated for revitalization. The residential portion of the renovation is scheduled for completion in Winter 2024. The installation of 600 new windows has already been completed. New parking facilities for cars and bicycles are planned. The mosaic mural, “The Puddler”, along the Wood Street entrance will be preserved. The property includes 1,821 square feet of retail space.

Key Highlights

  • 253‑unit apartment building with studio, one-, two-, and three‑bedroom units.
  • Located in Downtown Pittsburgh, central to the Cultural District and the revitalizing Smithfield Street corridor.
  • Renovation of the residential portion is set to be complete in Winter 2024.

Property Analytics

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Current Use

Amazon Hub Counter ... Postal Service Amazon Hub Counter ... Marketing & Advertising

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Butcher Tanning Salon Veterinary Clinic Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

8,050
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Pittsburgh, PA

$15.97 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
7,756 SF
Avg Space Size

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space in a revitalizing downtown location, available for rent.
Where is this retail space located?
The property is located at 550 Wood St Pittsburgh, PA.
What are key features of this property?
This property features: 253‑unit apartment building with studio, one-, two-, and three‑bedroom units.; Located in Downtown Pittsburgh, central to the Cultural District and the revitalizing Smithfield Street corridor.; Renovation of the residential portion is set to be complete in Winter 2024.
(412) 670-0976 Call to check price and availability
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