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    550 Wood St Pittsburgh, PA 15222

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    For Lease
    Contact for pricing

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

    Property size:
    1,821 SF
    Lot size:
    0.10 Acres

    Property Features for 550 Wood St

    General Information

    Size
    1,821 SF
    Lot size
    0.10 Acres

    Source: CBRE | Pittsburgh Agent Jason Cannon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Pittsburgh Retail Space Available

    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.
    Location Intelligence

    Current Use by Public Records

    Amazon Hub Counter ... Mailing Service Amazon Hub Counter ... E-Commerce Service

    Suggested Use

    Realty agency Spa & Massage Dental Office Hair Salon Restaurant Nail Salon Building Supply Clothing Store Skin Care Clinic Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -80.00005
    Latitude
    40.441122

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    FAQs

    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
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    550 Wood St Pittsburgh, PA 15222
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    Pittsburgh, PA 15222
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    550 Wood St Pittsburgh, PA 15222
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