1100-1104 5th Ave
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1100-1104 5th Ave
7,200 SF 100% Leased Office Building Pittsburgh, PA 15219 $995,000 ($138.19/SF)
INVESTMENT HIGHLIGHTS
- Adjacent to PPG Paints Arena and home of the Pittsburgh Penguins hockey team
- Flexible UPR-A zoning permits a variety of uses
- Opportunity Zone redevelopment!
- Hot neighborhood for development with 1M+ SF under construction
EXECUTIVE SUMMARY
SVN Three Rivers Commercial Advisors is pleased to present this opportunity to acquire and develop 1100-1106 5th Avenue within Pittsburgh's Uptown neighborhood and the Central Pittsburgh Opportunity Zone. This portfolio of two o?ce buildings on three parcels features 63' of frontage along 5th Avenue directly across from PPG Paints Arena with an ADT of 10,468 and surges of foot tra?c during hockey games/events at the stadium.
Nearby construction in the neighborhood includes the 26-story FNB Financial Center and large lower hill development, 80k SF College of Osteopathic Medicine and 229 bed 12 story dorm at Duquesne University directly (adjacent to 1100-1106 5th Ave), 410k SF UMPC Vision and Rehabilitation Tower, and the Bus Rapid Transit (BRT) project running the length of 5th Avenue.
Nearby construction in the neighborhood includes the 26-story FNB Financial Center and large lower hill development, 80k SF College of Osteopathic Medicine and 229 bed 12 story dorm at Duquesne University directly (adjacent to 1100-1106 5th Ave), 410k SF UMPC Vision and Rehabilitation Tower, and the Bus Rapid Transit (BRT) project running the length of 5th Avenue.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
7,200 SF
Building Class
C
Year Built
1950
Price
$995,000
Price Per SF
$138.19
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,400 SF
Slab To Slab
11’
Building FAR
1.38
Lot Size
0.12 AC
Opportunity Zone
Yes
AMENITIES
- Bus Line
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Walk Score®
Walker's Paradise (90)
Transit Score®
Excellent Transit (87)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $72,500 | |
| Land Assessment | $143,400 | Total Assessment | $215,900 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$143,400
Improvements Assessment
$72,500
Total Assessment
$215,900
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1100-1104 5th Ave
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