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    230 3Rd Ave Pittsburgh, PA 15222

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    230 3Rd Ave Pittsburgh, PA 15222


    • Office buildings
    • 0.83 lot acres
    Vacant Building in Central Business District For Sale
    $2,300,000
    51,200 SF

    Vacant Building in Central Business District

    Five-story, 51,200 SF vacant building in downtown Pittsburgh.

    230 Third Ave, Pittsburgh, PA 15222
    View Listing
    Property ID
    US73-2849824
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • R T Patterson Co / Engineering Consultant
    • PPG Garage / Parking Lot & 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

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,120,000
      ML approach
      $3,150,000

    Get a detailed, property-specific estimation — fast and free


    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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $85,248
    $1,914,500
    $1,785,500
    $3,700,000
    -
    $1,914,500
    $1,785,500
    $3,700,000
    View Listing
    More about this property
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