1801 Blvd Of The Allies Pittsburgh, PA 15219

Property Details for 1801 Blvd Of The Allies

Lot size

0.26 lot acres

Property type

Warehouses

APN

11-J-294

APU

11J294

Description

This exceptional 12,755-square-foot property at 1801 Boulevard of the Allies in Pittsburgh, Pennsylvania, presents a unique investment opportunity. Currently vacant, this Class C building sits on a 0.22-acre lot and offers immense potential for redevelopment. The property's zoning, UPR - B | Residential Core, allows for diverse uses, including creative office, coworking, executive office, medical office, traditional office, multifamily, and redevelopment. Its strategic location in Allegheny County, zip code 15219, places it within walking distance of PPG Paints Arena and the First National Bank Tower, providing easy access to downtown's financial district. Furthermore, the property benefits from its proximity to UPMC's new $500 million Mercy Campus, a 410,000-square-foot facility featuring over 100,000 square feet of research space, poised to significantly impact the surrounding area. This location offers the potential for substantial future growth and value appreciation. The property's versatility allows for various development scenarios, such as converting the existing structure into modern office spaces, coworking suites, student housing, or luxury apartments. The ample land provides opportunities for additional development, including parking facilities. This property is situated in a Qualified Opportunity Zone, offering potential tax advantages for investors. The building is currently entirely vacant, providing a blank canvas for a new owner's vision.