316 4Th Ave Pittsburgh, PA 15222
- Retail properties
- 90,000 SF
Current Use by Public Records
- Pennsylvania Truck & Commercial Auto Insurance / Auto Insurance Agency
- Fourth Avenue Historic District / Historical Place
- The Vnion National Bank / Bank
Property Details for 316 4Th Ave
- Year built
- 1906
- Property size
- 90,000 SF
- Property type
- Retail properties
Description
The Commonwealth Building, a stunning 90,000 square foot property located at 316 Fourth Avenue in Pittsburgh, Pennsylvania's Central Business District (CBD), offers exceptional retail opportunities. Built in 1906 and extensively renovated in 2021, this Allegheny County landmark boasts multiple available spaces ranging from 1,960 to 5,416 contiguous square feet, with a total of 9,706 square feet currently vacant. The building's prime location, just two blocks from Market Square and nestled amongst major office buildings and Point Park University, ensures high foot traffic and visibility. Ideal for food and beverage establishments, the retail spaces feature dramatic 26-foot ceilings, a preserved historic bank vault, and elegant marble floors and pier columns, creating a unique and memorable atmosphere. The Commonwealth Building is part of a vibrant mixed-use development, incorporating 140 luxury apartments, further enhancing the area's appeal and providing a built-in customer base. This exceptional property presents a rare chance to establish a thriving business in a highly desirable location within Pittsburgh's dynamic downtown core. The property's address is 316 Fourth Ave, Pittsburgh, PA 15222.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pittsburgh
- County
- Allegheny
- State
- Pennsylvania
- Longitude
- -80.0007
- Latitude
- 40.4391
