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Property profile & analytics
OFF-MARKET
Commercial real estate

12 North Ave Pittsburgh, PA 15212

51,000 SF
Property ID
US73-2432942
Property summary
AI-generated overview

This exceptional 51,000 square foot, five-story building, located at 12 W North Ave in Pittsburgh, PA 15212, presents a unique opportunity for multiple tenants. Currently, a portion of the building is occupied by Starbucks, leaving 4,200 square feet of vacant space available. The property sits on a 0.55-acre lot and offers a mix of retail, office, and restaurant possibilities. The ground floor features three retail spaces totaling 1,133 square feet, with two spaces at 253 square feet each and one at 627 square feet. These spaces retain some original architectural elements from the historic Garden Theater. The building is part of a larger redevelopment project, including the newly completed 74-unit "Residences @ The GARDEN" apartment complex. This high-profile location on a heavily trafficked corner of North Avenue offers excellent visibility and accessibility. Its proximity to Allegheny Commons Park and Allegheny General Hospital provides a strong customer base. The ideal tenant would complement the existing development and the surrounding community with a unique and engaging concept. This is a rare chance to secure space in a revitalized historic building in a thriving Pittsburgh neighborhood.

Property profile
Verified
Property type Commercial real estate
Total area 51,000 SF
UPID US73-2432942
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
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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