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    OFF-MARKET
    Retail properties & Spaces

    5501 Centre Ave, Pittsburgh, PA 15232

    12,000 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 12,000 square foot mixed-use building, located at 5501 Centre Avenue in Pittsburgh's desirable Shadyside neighborhood, presents a unique leasing opportunity. The property is zoned UNC and situated in Allegheny County, Pennsylvania, with a convenient 15232 zip code. Currently, a significant 3,100 square foot retail space is available for lease, ideal for a restaurant or similar commercial enterprise. The building features a total of 12,000 square feet, with eight modern apartments occupying the upper floors. This ensures a built-in customer base and a vibrant atmosphere. The property boasts a highly visible street-front presence on Centre Avenue, providing excellent exposure to high foot traffic and vehicular traffic. Dedicated parking is available, offering convenient access for both tenants and their patrons. This location within the thriving Shadyside community provides an unparalleled opportunity for businesses seeking a prominent position in a dynamic and affluent area of Pittsburgh. The available space is ready for immediate occupancy and offers significant potential for a variety of commercial uses.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 12,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Selami’s Turkish Kebab House Restaurant
    • Shadyside Living Apartments Vacation Rental
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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