Vacant Refrigerated Storage
For Sale
Contact for pricing
1501 Penn Avenue, Pittsburgh, PA 15222
Seven-story vacant facility with GT-B zoning and identified redevelopment options.
Property Size336,000 SF
Days on Market145
Property Features for 1501 Penn Avenue
General Information
Standard status
Active
Size
336,000 SF
Property subtype
Multifamily, Office, Mixed Use, Land, Industrial
Zoning
GT-B
Additional Details
Public Transit
Yes
Building Details
Buildings
1
Stories
7
Building Size
336,000 SF
Listing Agency:
CBRE - Pittsburgh
(412) 995-3810
Listed By:
Kyle Prawdzik · License #PA RS305573
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 4:07PM
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 property is a vacant refrigerated and cold storage building containing 336,000 square feet across seven stories. Its redevelopment positioning supports potential alternative uses including office, multifamily residential, and parking, as identified in the property information.
Located at 1501 Penn Avenue in Pittsburgh’s Strip District, the facility is within an easy walk of the CBD and benefits from uncongested access and egress. Direct mass transit service is available, and the GT-B (Golden Triangle Subdistrict B) zoning designation allows greater height and density than other areas of the Strip District.
Located at 1501 Penn Avenue in Pittsburgh’s Strip District, the facility is within an easy walk of the CBD and benefits from uncongested access and egress. Direct mass transit service is available, and the GT-B (Golden Triangle Subdistrict B) zoning designation allows greater height and density than other areas of the Strip District.
Key Highlights
- 336,000 square feet of vacant refrigerated cold storage space
- Seven‑story building positioned for redevelopment
- Alternative uses identified include office, multifamily residential, and parking
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
Explore this area
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 Industrial in Pittsburgh, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Refrigerated & cold storage - Seven-story vacant facility with GT-B zoning and identified redevelopment options.
Where is this refrigerated & cold storage located?
The property is located at 1501 Penn Avenue Pittsburgh, PA.
What are key features of this property?
This property features: 336,000 square feet of vacant refrigerated cold storage space; Seven‑story building positioned for redevelopment; Alternative uses identified include office, multifamily residential, and parking
