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Signalized Corner Mixed-Use Property
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5000 Centre Ave, Pittsburgh, PA 15213

Former bank branch includes drive-thru lanes, private offices, and separate entrances for flexible commercial occupancy.

Property Size3,304 SF
Lot Size0.31 Acres
Days on Market140

Property Features for 5000 Centre Ave

General Information

Standard status Active
Size 3,304 SF
Class B
Lot size 0.31 Acres
Property subtype Retail, Office
Zoning UNC

Site & Location

Corner Location Yes
Drive-Thru Yes
Traffic Count 10,000 vehicles/day
Listing Agency: Sanford Alderfer Real Estate
Listed By: Michael Foster · License #AB069786
Source: Crexi
Added: Apr 15 Changed: Aug 30 Last Checked: Aug 30 at 5:18AM

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 Sanford Alderfer Real Estate

Investment Insights

Based on property information with market context.

Positioned at 5000 Centre Avenue in Pittsburgh’s Shadyside neighborhood, this ±3,304 SF former bank branch occupies an approximately ±0.31-acre signalized corner at Centre Avenue and Morewood Avenue. The building includes two drive-thru lanes, multiple private offices, and dual entrances, creating a flexible layout for medical, professional office, childcare, retail, limited restaurant, or other commercial uses. UNC zoning supports the property’s mixed-use classification and repositioning potential.

The site records traffic of 10,000+ vehicles per day and sits near the University of Pittsburgh Medical Center campus, with the University of Pittsburgh eight blocks away. Downtown Pittsburgh is less than five miles from the property, placing the asset within an active institutional, professional, retail, and commercial setting.

Key Highlights

  • ±3,304 SF former bank branch on ±0.31‑acre corner site
  • Signalized intersection of Centre Avenue and Morewood Avenue
  • Two drive‑thru lanes, multiple private offices, and dual entrances

Property Analytics

Current Use

WesBanco Bank Bank WesBanco Bank - ATM Atm

Suggested Use

Top Pick Electrical Service Building Supply Accounting Firm HVAC Service (Bike/Boat/Book/etc) Store 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.

Lease Details

10,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

4,698
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

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?
Mixed-use property - Former bank branch includes drive-thru lanes, private offices, and separate entrances for flexible commercial occupancy.
Where is this mixed-use property located?
The property is located at 5000 Centre Ave Pittsburgh, PA.
What are key features of this property?
This property features: ±3,304 SF former bank branch on ±0.31‑acre corner site; Signalized intersection of Centre Avenue and Morewood Avenue; Two drive‑thru lanes, multiple private offices, and dual entrances
More about this property
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