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    900 5Th Ave Pittsburgh, PA 15219

    Sponsored
    For Sale
    Contact for pricing

    Prime location, redevelopment potential. 59,092 SF total.

    Property size:
    59,092 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional investment opportunity presents a portfolio of four office buildings totaling 59,092 square feet, strategically located in Pittsburgh, Pennsylvania, at the junction of Uptown and Downtown. The portfolio includes 900 Fifth Avenue, a five-story Class B office building encompassing 31,683 square feet, featuring one passenger and one freight elevator, two stairwells, and is currently vacant and ready for immediate occupancy or redevelopment. The remaining three buildings, 820, 822, and 824 Fifth Avenue, are each four-story Class C office buildings, ranging in size from approximately 8,960 to 9,408 square feet. These buildings are also vacant and ideal for redevelopment projects. Each of these buildings includes one freight elevator and two stairwells. The entire portfolio benefits from proximity to numerous amenities, a nearby 2,100-space parking garage, and a new Bus Rapid Transit (BRT) line. 900 Fifth Avenue is eligible for Historic and Opportunity Zone tax credits. This presents a unique chance to acquire a substantial property with existing office space and significant redevelopment potential in a vibrant, high-growth area of Pittsburgh. The attractive architectural features of the buildings offer further appeal to both investors and developers. The buildings are currently vacant, offering immediate flexibility for the new owner.

    Property Features for 900 5Th Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    59,092 SF
    Class
    B

    Building Details

    Buildings
    4

    HighLights

    • 900 Fifth Avenue: 31,683 SF Class B office building, five stories plus lower level, one passenger and one freight elevator, two stairwells, currently vacant and ready for immediate occupancy or redevelopment.
    • Prime Uptown/Downtown Pittsburgh location.
    • Exceptional walkability to numerous amenities.
    • Direct access to a new Bus Rapid Transit (BRT) line.
    • Adjacent to a large 2,100‑space parking garage.
    • 59,092 SF total building area across four contiguous properties featuring attractive architectural details.
    Property Profile Location Intelligence

    Current Use by Public Records

    Friedman & Friedman Attorney Exosome Therapy Clinic Medical Clinic Smart Form Inc Lingerie Store Cline Dennis Lawyer Downtown Business Brokers ... Real Estate Agency

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.9916269
    Latitude
    40.4386854

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    FAQs

    What type of property is this?
    Office Property / Space - Prime location, redevelopment potential. 59,092 SF total.
    Where is this office property / space located?
    The property is located at 900 5Th Ave Pittsburgh, PA.
    What are key features of this property?
    This property features: 900 Fifth Avenue: 31,683 SF Class B office building, five stories plus lower level, one passenger and one freight elevator, two stairwells, currently vacant and ready for immediate occupancy or redevelopment.; Prime Uptown/Downtown Pittsburgh location.; Exceptional walkability to numerous amenities.
    (412) 434-1037
    Request Owner's contact information
    900 5Th Ave Pittsburgh, PA 15219
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    Pittsburgh, PA 15219
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    900 5Th Ave Pittsburgh, PA 15219
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