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    4500-4560 Centre Ave Pittsburgh, PA 15213

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    For Lease
    $28 SF/Yr ($2,506 /Mo)

    Retail space in prime location near universities and hospitals.

    Property size:
    1,074 SF
    Lot size:
    1.20 Acres

    Property Features for 4500-4560 Centre Ave

    General Information

    Size
    1,074 SF
    Lot size
    1.20 Acres

    Source: Hanna Commercial Real Estate | Pittsburgh Agent Jacob "Jake" Vogel

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

    Overview

    Prime Retail Space in Oakland

    A retail suite is available, offering 2,772 square feet, and the space can be subdivided down to 1,100 square feet. The new construction provides a vanilla shell delivery. Situated in a dense trade area within a prime Oakland location, the property benefits from high visibility frontage with over 15,000 average daily traffic. The location is within walking distance to three universities—Pitt, Carlow, and CUM—as well as four major hospitals, catering to a significant student and medical population. The property is part of a 723-bed fully-leased student housing complex with parking. Dedicated outdoor seating is available, complemented by an integral parking garage and ample street parking. The property is suitable for various retail purposes.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.952733
    Latitude
    40.451361

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    FAQs

    What type of property is this?
    Retail space - Retail space in prime location near universities and hospitals.
    Where is this retail space located?
    The property is located at 4500-4560 Centre Ave Pittsburgh, PA.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - Prime Oakland location in a very dense trade area with significant student and medical population.; - Walking distance to three universities (Pitt, Carlow, & CUM) and four major hospitals.; - High visibility frontage with over 15,000 average daily traffic.
    (412) 261-2200
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    4500-4560 Centre Ave Pittsburgh, PA 15213
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    Pittsburgh, PA 15213
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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
    4500-4560 Centre Ave Pittsburgh, PA 15213
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