900 5Th Ave Pittsburgh, PA 15219
- Office buildings
- 0.13 lot acres
Current Use by Public Records
- Friedman & Friedman / Attorney
- Exosome Therapy Clinic / Medical Clinic
- Smart Form Inc / Lingerie Store / Orthotics & Prosthetics Service
- Cline Dennis / Lawyer
- Downtown Business Brokers Inc / Real Estate Agency
Property Details for 900 5Th Ave
- Lot size
- 0.13 lot acres
- Property type
- Office buildings
- APN
- 2-F-324
- APU
- 2F324
Description
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.
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
- -79.9917
- Latitude
- 40.4386
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA