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Historic Office Building in Oakland
For Lease
$50 SF/Yr

4215 Fifth Avenue, Pittsburgh, PA 15213

Revitalized office space in Pittsburgh's Innovation District.

Space SizeContact for details
Days on Market273

Property Features for 4215 Fifth Avenue

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE | Pittsburgh
Listed By: Jeremy Kronman
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 20 Last Checked: Aug 21 at 12:56PM

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.

This architecturally significant office building, designed by a notable 20th-century architect and listed on the National Register of Historic Places, is undergoing revitalization to restore its original grandeur. Located on Fifth Avenue across from the Cathedral of Learning, between Soldiers and Sailors Memorial Hall and the University of Pittsburgh Alumni Hall, the property is centrally situated in Pittsburgh’s Oakland Innovation District. It is adjacent to the University of Pittsburgh’s Cathedral of Learning, Carnegie Mellon University, and UPMC’s Hospitals and Research Campus. The property offers over 50 parking spaces and benefits from excellent public transportation access along Forbes and Fifth Avenue. Outdoor seating areas, new food service options, and other amenities are included. The building has a total size of 66914 square feet.

Key Highlights

  • Centrally located in Pittsburgh's Oakland Innovation District, adjacent to major universities and UPMC's Hospitals and Research Campus.
  • Architecturally significant building designed by a notable 20th‑century architect and listed on the National Register of Historic Places.
  • Located across Fifth Avenue from the Cathedral of Learning.

Property Analytics

Current Use

Hundred Miles Crepes ... Restaurant

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Big Box & Wholesale Store Spa & Massage Center Nail Salon

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

Lease Details

NNN (Triple Net)
Lease Type
$7.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,475
Businesses Nearby

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

Lease Benchmarks for Pittsburgh, PA

$28.88 /SF/Yr
Avg Asking Price
$16–$50 /SF/Yr
Price Range
38,849 SF
Avg Space Size

This space is priced 73% above the average of $28.88 /SF/Yr.

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 - Revitalized office space in Pittsburgh's Innovation District.
Where is this office building located?
The property is located at 4215 Fifth Avenue Pittsburgh, PA.
What is the lease rate?
The lease rate is $50 SF/Yr.
What are key features of this property?
This property features: Centrally located in Pittsburgh's Oakland Innovation District, adjacent to major universities and UPMC's Hospitals and Research Campus.; Architecturally significant building designed by a notable 20th‑century architect and listed on the National Register of Historic Places.; Located across Fifth Avenue from the Cathedral of Learning.
More about this property
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