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Historic Office Building with Retail
For Sale
Contact for pricing
Pending

960 Penn Ave, Pittsburgh, PA 15222

Historic office building with ground-level retail, recently renovated lobby, common areas, and secure elevator system.

Property SizeContact for details
Days on Market116

Property Features for 960 Penn Ave

General Information

Standard status Pending
Property subtype Office
Listing Agency: CBRE - Pittsburgh
Listed By: Kyle Prawdzik · License #PA RS305573
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Aug 4 at 5:37AM

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.

The Pickering Building is an 87,217 SF office building with ground level retail, originally constructed in the late 1800s. The building was expanded with an adjoining 9-story structure in 1912, and additional floors were added by 1914. Recent capital improvements include updates to the building façade, full lobby renovations, renovated tenant lounge and conference rooms, art installations, common area hallway and bathroom renovations, and a secure elevator system.

Restored original character features include exposed brick and timber, along with original hardwood floors. The building also offers modern loft floorplates and oversized windows, following removal of ceilings and layers of carpet.

Located in Pittsburgh’s Cultural District, the property is within walking distance of major arts and entertainment venues including Heinz Hall, the Pittsburgh Symphony Orchestra, the Benedum Center, and the Byham Theater. The area is also described as having a dining scene with numerous restaurants and nightlife options nearby.

Key Highlights

  • 87,217 SF office building at 960 Penn Avenue, Pittsburgh, PA 15222, in the Central Business District
  • Ground‑level retail included, with office space that was updated to modern loft floorplates and oversized windows
  • Major capital improvements include façade updates, full lobby renovations, tenant lounge and conference room renovations, and bathroom/common area hallway renovations

Property Analytics

Current Use

Oasis Recovery Center ... Medical Clinic FedEx Drop Box Postal Service Elzer Law Firm, ... Law Firm NFM+Dymun Marketing & Advertising Katherine W. Phillips, ... Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Furniture & Home Goods Electrical Service Florist Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

9,146
Businesses Nearby

Demographics for 15222, PA

5,976
Population
4,008
Households
1.5
Avg Household Size
33
Median Age
77%
College-Educated
99%
High-School Grad
0.9 sq mi
ZIP Area
6,640
Density / Sq Mi
$111,926
Median Household Income
$61,190
Median Earnings
$1,963
Median Rent
$557,800
Median Home Value

Market

Vacancy Rate% for Office in Pittsburgh, PA

10.2% 2019
12.2% 2020
14.6% 2021
13.9% 2022
16.1% 2023
17.5% 2024
17.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Historic office building with ground-level retail, recently renovated lobby, common areas, and secure elevator system.
Where is this office building located?
The property is located at 960 Penn Ave Pittsburgh, PA.
What are key features of this property?
This property features: 87,217 SF office building at 960 Penn Avenue, Pittsburgh, PA 15222, in the Central Business District; Ground‑level retail included, with office space that was updated to modern loft floorplates and oversized windows; Major capital improvements include façade updates, full lobby renovations, tenant lounge and conference room renovations, and bathroom/common area hallway renovations
(412) 995-3810 Call to check price and availability
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