Oakland Keystone Building Investment
For Sale
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3520 Fifth Ave, Pittsburgh, PA 15213
Class B, 32,763 SF clinical-research facility in Pittsburgh's Oakland neighborhood.
Property Size32,763 SF
Days on Market786
Property Features for 3520 Fifth Ave
General Information
Standard status
Active
Size
32,763 SF
Class
B
Property subtype
Office
Investment Type
Owner/User
Building Details
Year Built
1968
Year Renovated
2018
Buildings
1
Stories
7
Units
13
Listing Agency:
Colliers - Pittsburgh
(412) 535-8050
Listed By:
Willis Croker · License #PA
Source:
Crexi
Added: Jun 28, 2024
Changed: Aug 8
Last Checked: Aug 19 at 12:31PM
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 Colliers - Pittsburgh
Investment Insights
Based on property information with market context.
The Keystone Building is a Class B, 32,763-square-foot academia clinical-research facility located at 3520 Fifth Ave in Pittsburgh's Oakland neighborhood. The property is situated in one of the strongest education, research, and medical corridors in the nation, near Carnegie Mellon University, UPMC, and the University of Pittsburgh Oakland Campus, flanked by UPMC Presbyterian and UPMC Montefiore. The asset is adjacent to the UPMC Presbyterian Expansion, known as The Tower, a 1.2 million-square-foot, 17-story hospital under construction with an expected completion in 2026. This new facility will feature 636 private patient rooms and specialized clinical facilities for transplant, cardiology and cardiac surgery, and neurology and neurosurgery. A new 10-story life sciences building is under construction at 3440 Forbes Avenue, enhancing the biomedical and technological landscape of the area. UPMC is planning a 50,000-square-foot addition to UPMC Children’s Hospital for a heart institute. The Keystone Building presents an opportunity for investors and owner-users, with significant vacant space available in one of Pittsburgh’s tightest office submarkets, making it a location for businesses looking to thrive in a dynamic urban setting.
Key Highlights
- Located in Oakland, Pittsburgh, a leading Education/Research/Medical corridor.
- Adjacent to the $1.5 billion UPMC Presbyterian Expansion (The Tower), the largest healthcare construction project in Pennsylvania (completion in 2026).
- New 10‑story life sciences building under construction nearby at 3440 Forbes Avenue.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7,001
Businesses Nearby
Explore this area
Business Placement
Demographics for 15213, PA
31,075
Population
11,349
Households
2.7
Avg Household Size
25
Median Age
64%
College-Educated
94%
High-School Grad
2.4 sq mi
ZIP Area
12,948
Density / Sq Mi
$31,330
Median Household Income
$6,795
Median Earnings
$1,243
Median Rent
$247,500
Median Home Value
Market
Vacancy Rate% for Office in Pittsburgh, PA
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Frequently Asked Questions
What type of property is this?
Office building - Class B, 32,763 SF clinical-research facility in Pittsburgh's Oakland neighborhood.
Where is this office building located?
The property is located at 3520 Fifth Ave Pittsburgh, PA.
What are key features of this property?
This property features: Located in Oakland, Pittsburgh, a leading Education/Research/Medical corridor.; Adjacent to the $1.5 billion UPMC Presbyterian Expansion (The Tower), the largest healthcare construction project in Pennsylvania (completion in 2026).; New 10‑story life sciences building under construction nearby at 3440 Forbes Avenue.
