Historic Apartment Conversion with Retail
For Lease
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550 Wood St, Pittsburgh, PA 15222
Planned 253-unit apartment building with studios and one-, two-, and three-bedroom layouts, plus retail along Wood Street and Sixth Avenue.
Property Size1,821 SF
Days on Market829
Property Features for 550 Wood St
General Information
Standard status
Active
Size
1,821 SF
Property subtype
RETAIL
Additional Details
Space Use
Retail
Corner Location
Yes
Building Details
Year Built
1904
Listing Agency:
CBRE | Pittsburgh
(412) 670-0976
Listed By:
Jason Cannon
(412) 670-0976
Source:
Moodyscre
Added: Apr 26, 2024
Changed: Jul 31
Last Checked: Aug 1 at 1:02PM
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.
300 6th Avenue is a historic building being converted for residential use as a 253-unit apartment community with a mix of studios and one-, two-, and three-bedroom units. The residential renovation is set for completion in Winter 2024, with the installation of 600 new windows already completed.
The building is positioned on a busy corner of Sixth and Wood Streets in Downtown Pittsburgh. Retail space is available along both Wood Street and Sixth Avenue, including a Sixth Avenue space located down the street from the Duquesne Club and the First Presbyterian Church of Pittsburgh. New parking for both cars and bicycles is planned, and the “The Puddler” mosaic mural at the Wood Street entrance is planned to remain.
The property is listed with a size of 1,821 SF.
The building is positioned on a busy corner of Sixth and Wood Streets in Downtown Pittsburgh. Retail space is available along both Wood Street and Sixth Avenue, including a Sixth Avenue space located down the street from the Duquesne Club and the First Presbyterian Church of Pittsburgh. New parking for both cars and bicycles is planned, and the “The Puddler” mosaic mural at the Wood Street entrance is planned to remain.
The property is listed with a size of 1,821 SF.
Key Highlights
- Planned 253‑unit apartment building with studios plus one-, two-, and three‑bedroom units
- Residential renovation set to be complete in Winter 2024
- 600 new windows installed
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
8,050
Businesses Nearby
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Business Placement
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 Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Planned 253-unit apartment building with studios and one-, two-, and three-bedroom layouts, plus retail along Wood Street and Sixth Avenue.
Where is this apartment building located?
The property is located at 550 Wood St Pittsburgh, PA.
What are key features of this property?
This property features: Planned 253‑unit apartment building with studios plus one-, two-, and three‑bedroom units; Residential renovation set to be complete in Winter 2024; 600 new windows installed