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Redevelopment Site Near Downtown Pittsburgh
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504 Stanton Ave, Pittsburgh, PA 15209

Large parcel in growing riverfront community, ideal for redevelopment.

Property SizeContact for details
Days on Market104

Property Features for 504 Stanton Ave

General Information

Standard status Active
Class C
Property subtype Land, Multifamily, Office, Self Storage, Senior Living
Zoning C-1
Investment Type Value Add
Listing Agency: Howard Hanna - Shadyside
Listed By: Linda Heininger · License #219953
Source: Crexi
Added: May 19 Changed: Aug 8 Last Checked: Aug 29 at 7:41AM

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 Howard Hanna - Shadyside

Investment Insights

Based on property information with market context.

This property is a redevelopment site, an ideal candidate for demolition and new construction. The large combined parcel includes a building site plus an adjacent lot with significant parking capacity, offering approximately 25 or more parking spaces. The property has flexible development potential and is suitable for multifamily, mixed-use, storage, commercial flex space, or boutique retail. It is located minutes from Downtown Pittsburgh, with quick access via Route 28 and major bridges, in the growing riverfront community of Millvale, which continues to see revitalization through residential and commercial investment. The property offers excellent visibility and accessibility along the Stanton Avenue corridor. Potential development uses include multifamily apartments or loft-style residences, self-storage or climate-controlled storage facility, mixed-use development with ground floor retail and residential above, creative flex space for small businesses, studios, or makerspaces, and urban townhome or boutique residential community. The property benefits from its proximity to key Pittsburgh destinations, less than 5 miles to Downtown Pittsburgh, with immediate access to Route 28 and Interstate connections, and minutes to Lawrenceville, Strip District, and Etna. The growing Millvale business district includes restaurants, breweries, and arts venues. Millvale has undergone a significant revitalization over the past decade, attracting new restaurants, creative businesses, and residential development. With limited redevelopment parcels remaining in the borough, this property represents a unique opportunity to reposition an underutilized industrial site into a modern income-producing asset.

Key Highlights

  • Redevelopment Site: Ideal for demolition and new construction, offering flexible development potential.
  • Large Combined Parcel: Includes building site and approximately 25+ parking spaces.
  • Prime Location: Minutes to Downtown Pittsburgh with quick access via Route 28 and major bridges.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Daycare Center Parking Lot & Garage Law Firm Skin Care Clinic Storage Facility

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

Location Intelligence

Trade Area within ½ mile

546
Businesses Nearby

Demographics for 15209, PA

12,044
Population
6,098
Households
2
Avg Household Size
42
Median Age
36%
College-Educated
95%
High-School Grad
4.8 sq mi
ZIP Area
2,509
Density / Sq Mi
$80,221
Median Household Income
$47,427
Median Earnings
$1,042
Median Rent
$218,300
Median Home Value

Market

Vacancy Rate% for Industrial in Pittsburgh, PA

6.6% 2019
6.6% 2020
6.3% 2021
4.9% 2022
5.3% 2023
6% 2024
6.5% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Large parcel in growing riverfront community, ideal for redevelopment.
Where is this commercial land located?
The property is located at 504 Stanton Ave Pittsburgh, PA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Redevelopment Site: Ideal for demolition and new construction, offering flexible development potential.; Large Combined Parcel: Includes building site and approximately 25+ parking spaces.; Prime Location: Minutes to Downtown Pittsburgh with quick access via Route 28 and major bridges.
More about this property
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