230 3Rd Ave Pittsburgh, PA 15222
- Office buildings
- 0.83 lot acres
Current Use by Public Records
- R T Patterson Co / Engineering Consultant
- PPG Garage / Parking Garage
Property Details for 230 3Rd Ave
- Lot size
- 0.83 lot acres
- Property type
- Office buildings
- APN
- 1-H-118
- APU
- 1H118
Description
This exceptional 5-story, 51,200 square foot office building at 230 Third Avenue in Pittsburgh, PA, is offered for sale at $2,300,000 ($44.92/SF). Currently vacant, this Class B property, built in 1980, presents a unique redevelopment opportunity. Its prime location in the heart of Pittsburgh's Central Business District, adjacent to Market Square and Point Park University, offers unparalleled access to amenities, public transportation, and a vibrant urban environment. The building features two center-core elevators (2,500 lb capacity each), two stairwells, and nine on-site parking spaces. Its proximity to Point State Park and the confluence of the three rivers adds to its appeal. The property's high walk score (99/100) and transit score (97/100) further enhance its desirability. Potential redevelopment options include multifamily, hotel, or short-term rental uses. The City of Pittsburgh and the Urban Redevelopment Authority may offer tax credits, adding further investment incentive. The net rentable area is 46,860 square feet. This is a rare chance to acquire a significant asset in a thriving downtown location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,120,000
- ML approach
- $3,150,000
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Location Insight
- Map
- Local Demand
- City
- Pittsburgh
- County
- Allegheny
- State
- Pennsylvania
- Longitude
- -80.0028
- Latitude
- 40.4391
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
