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Property profile & analytics
OFF-MARKET
Office Spaces

901-903 Liberty Ave Pittsburgh, PA 15222

52,368 SF
Property ID
Property summary
AI-generated overview

This exceptional offering presents a unique opportunity to acquire two adjacent commercial buildings totaling 52,368 square feet at 901-903 Liberty Avenue in Pittsburgh, Pennsylvania's vibrant Cultural District. The property consists of 901 Liberty Avenue, a ten-story, 28,644 square foot masonry and steel structure, and 903 Liberty Avenue, an eight-story, 23,724 square foot masonry and wood frame building. Both buildings boast high ceilings and large windows, offering expansive rooftop views with potential for amenity development on 903 Liberty Avenue. Previously used for office and storage, these Class C buildings are ideally suited for multifamily redevelopment. Existing infrastructure includes sprinkler systems, multiple stairwells (including a second front stairwell on floors 1-3 of 903 Liberty Ave), freight and passenger elevators, and a full-floorplate underground basement suitable for various uses such as a gym, storage, or additional amenities. The buildings also feature existing commercial spaces: a 1,625 square foot second-generation restaurant space in 901 Liberty Avenue and approximately 1,000 square feet of retail space in 903 Liberty Avenue. The property's prime location offers easy access to Pittsburgh's top restaurants, entertainment venues, and major employers. Asking price is $2,175,000, translating to $41.53 per square foot.

Property profile
Verified
Property type Office Spaces
Total area 52,368 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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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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