Historic High School Redevelopment
For Sale
$697,750
747 Wallace Ave, Wilkinsburg, PA 15221
Former high school building with classrooms, offices, theater, gymnasium, and lower-level amenities across multiple floors.
Property SizeContact for details
Days on Market141
Property Features for 747 Wallace Ave
General Information
Standard status
Active
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Opportunity Zone
Yes
Amenities
high ceilings
abundant natural light
original woodwork and flooring
wide corridors
approximately 40 classrooms
offices
restrooms
library/multipurpose room
1,500-seat theater
full-size gymnasium with mezzanine seating
cafeteria
dining area
woodshop
music room
second gymnasium
Listing Agency:
BERKSHIRE HATHAWAY HOMESERVICES THE PREFERRED PROP
(724) 733-7100
Listed By:
Patrick Conley · License #AB068288
(724) 733-7100
Source:
Exprealty
Added: Mar 25
Changed: Aug 12
Last Checked: Aug 12 at 9:49AM
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 BERKSHIRE HATHAWAY HOMESERVICES THE PREFERRED PROP
Investment Insights
Based on property information with market context.
The former Wilkinsburg High School offers a redevelopment platform within an architecturally distinct, three-floor building plus an additional lower level. The property features high ceilings, abundant natural light, and original woodwork and flooring. The main school includes wide corridors and approximately 40 spacious classrooms (about 875 SF each), along with multiple offices and restrooms. A large library/multipurpose room includes original proscenium architectural detail.
The connected East Wing includes a state-of-the-art 1,500-seat theater with balcony and direct street-level access. The top floor provides a full-size gymnasium with mezzanine seating and locker rooms. The lower level adds additional program space, including a cafeteria and dining area, woodshop, music room, and a second gymnasium.
Centrally located just off Penn Avenue, the property supports walkability and convenient access to public transportation, including the Martin Luther King Jr. East Busway. It also provides connectivity to Route 8, I-376, and I-76. Potential eligibility for tax incentives is referenced, including Wilkinsburg’s LERTA tax abatement, Opportunity Zone designation, and Historic Tax Credits, with adaptive reuse potential for multifamily, mixed-use, or institutional development.
The connected East Wing includes a state-of-the-art 1,500-seat theater with balcony and direct street-level access. The top floor provides a full-size gymnasium with mezzanine seating and locker rooms. The lower level adds additional program space, including a cafeteria and dining area, woodshop, music room, and a second gymnasium.
Centrally located just off Penn Avenue, the property supports walkability and convenient access to public transportation, including the Martin Luther King Jr. East Busway. It also provides connectivity to Route 8, I-376, and I-76. Potential eligibility for tax incentives is referenced, including Wilkinsburg’s LERTA tax abatement, Opportunity Zone designation, and Historic Tax Credits, with adaptive reuse potential for multifamily, mixed-use, or institutional development.
Key Highlights
- Former Wilkinsburg High School redevelopment asset with 3 floors plus an additional 25,000 SF lower level.
- Building totals over 100,000 SF across three floors, including wide corridors and dual‑access classrooms.
- Approximately 40 classrooms (~875 SF each), plus multiple offices and restrooms.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,094
Businesses Nearby
Explore this area
Business Placement
Demographics for 15221, PA
28,913
Population
17,621
Households
1.6
Avg Household Size
42
Median Age
42%
College-Educated
95%
High-School Grad
6.2 sq mi
ZIP Area
4,663
Density / Sq Mi
$55,241
Median Household Income
$42,411
Median Earnings
$954
Median Rent
$157,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
School - Former high school building with classrooms, offices, theater, gymnasium, and lower-level amenities across multiple floors.
Where is this school located?
The property is located at 747 Wallace Ave Wilkinsburg, PA.
What is the asking price?
The asking price for this property is $697,750.
What are key features of this property?
This property features: Former Wilkinsburg High School redevelopment asset with 3 floors plus an additional 25,000 SF lower level.; Building totals over 100,000 SF across three floors, including wide corridors and dual‑access classrooms.; Approximately 40 classrooms (~875 SF each), plus multiple offices and restrooms.
