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Downtown Pittsburgh Retail Space Available
For Lease
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316 Fourth Ave, Pittsburgh, PA 15222

Retail space in a prime downtown location near Market Square.

Space Size1,960 SF - 5,416 SF
Property Size90,000 SF
Days on Market1354

Property Features for 316 Fourth Ave

General Information

Standard status Active
Size 1,960 SF - 5,416 SF
Property subtype Retail

Building Details

Building Size 90,000 SF
Year Built 1906
Tenancy Multiple

Spaces For Lease

at 316 Fourth Ave Contact us

Ground Floor

Size
5,416 SF
Type
Retail
Availability
Active
Contact us

Lower Level

Size
1,960 SF
Type
Retail
Availability
Active
Contact us

Mezzanine Level

Size
2,330 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: SVN | Three Rivers Commercial Advisors
Listed By: Jason Campagna · License #PA RM424399
Source: Crexi
Added: Nov 24, 2022 Changed: Aug 8 Last Checked: Aug 9 at 9:55AM

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 SVN | Three Rivers Commercial Advisors

Investment Insights

Based on property information with market context.

Located in Downtown Pittsburgh’s historic Fourth Avenue corridor, the Commonwealth building has undergone improvements to become a residential building. The building houses 140 apartments with luxury finishes and amenities, along with approximately 5,416 square feet of retail space. The retail and lower-level spaces are suited for a food and beverage operator. The interior of the retail space features 26-foot ceilings, a historic bank vault, and marble floors and pier columns. The property is located two city blocks from Market Square, between downtown office buildings, and near Point Park University.

Key Highlights

  • Luxury apartments in a recently renovated, premiere residential building.
  • Prime downtown location in Pittsburgh's historic Fourth Avenue corridor, near Market Square and Point Park University.
  • Extensive amenities for residents.

Property Analytics

Current Use

Pennsylvania Truck & Commercial ... Insurance Agency Fourth Avenue Historic ... Tour Operator The Vnion National Bank Bank

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Fish Market Electrical Service Pet Store & Service Tanning 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

Location Intelligence

Trade Area within ½ mile

7,844
Businesses Nearby

Demographics for 15222, PA

5,976
Population
4,008
Households
1.5
Avg Household Size
33
Median Age
77%
College-Educated
99%
High-School Grad
0.9 sq mi
ZIP Area
6,640
Density / Sq Mi
$111,926
Median Household Income
$61,190
Median Earnings
$1,963
Median Rent
$557,800
Median Home Value

Market

Lease Benchmarks for Pittsburgh, PA

$18.15 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
6,465 SF
Avg Space Size

Vacancy Rate% for Retail in Pittsburgh, PA

5.1% 2019
5.5% 2020
5.5% 2021
4.8% 2022
4.6% 2023
4.4% 2024
6.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space in a prime downtown location near Market Square.
Where is this retail space located?
The property is located at 316 Fourth Ave Pittsburgh, PA.
What are key features of this property?
This property features: Luxury apartments in a recently renovated, premiere residential building.; Prime downtown location in Pittsburgh's historic Fourth Avenue corridor, near Market Square and Point Park University.; Extensive amenities for residents.
(412) 535-5756 Call to check price and availability
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