900 5Th Ave Pittsburgh, PA 15219
For Sale
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This exceptional investment opportunity presents a portfolio of four office buildings totaling 59,092 square feet, strategically located in Pittsburgh, Pennsylvania, at the junction of Uptown and Downtown. The portfolio includes 900 Fifth Avenue, a five-story Class B office building encompassing 31,683 square feet, featuring one passenger and one freight elevator, two stairwells, and is currently vacant and ready for immediate occupancy or redevelopment. The remaining three buildings, 820, 822, and 824 Fifth Avenue, are each four-story Class C office buildings, ranging in size from approximately 8,960 to 9,408 square feet. These buildings are also vacant and ideal for redevelopment projects. Each of these buildings includes one freight elevator and two stairwells. The entire portfolio benefits from proximity to numerous amenities, a nearby 2,100-space parking garage, and a new Bus Rapid Transit (BRT) line. 900 Fifth Avenue is eligible for Historic and Opportunity Zone tax credits. This presents a unique chance to acquire a substantial property with existing office space and significant redevelopment potential in a vibrant, high-growth area of Pittsburgh. The attractive architectural features of the buildings offer further appeal to both investors and developers. The buildings are currently vacant, offering immediate flexibility for the new owner.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.