12 North Ave Pittsburgh, PA 15212
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.