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High-End Condo Office with Street Access 1301 Grandview Ave
2,191 SF Office/Medical Condo Unit Online Auction Sale Pittsburgh, PA 15211
Investment Highlights
- 1301 Grandview Ave, unit 1137C is a 2,191-SF professional office condo, with exam rooms and private offices on the ground floor of the Trimont Plaza.
- Located along Grandview Avenue on Mount Washington with easy access to I-279, I-51, I-376, and the Pittsburgh International Airport.
- Monthly Condo Fee/Charges are $ 1,793 per month.
- Home to professional providers, medical offices, and nonprofit entities, the Trimont Plaza is an excellent space for owners/users, and investors.
- Pittsburgh gives businesses a combination of a skilled workforce, affordable cost of living, proximity to major markets, and business incentives.
- Offered for sale as an absolute auction – the first bid meets the reserve.
Executive Summary
The Trimont Plaza is a 28-story luxury high-rise located at 1301 Grandview Avenue comprising office condos on its bottom four stories, with the above stories serving as residential condos. The subject condo for auction is Suite 1137C, located on the ground floor, and is a 2,191-square-foot ground-floor commercial space easily accessible from the street level. This space was previously a medical office and can be converted into a law firm, accountant, chiropractor, or engineer's office. Trimont Plaza is home to professional and personal service providers, medical offices, and nonprofit entities, making it an excellent space for owners/users, and investors to add to their portfolios. The Trimont Plaza is located on Grandview Avenue, which runs along the edge of the hill and offers panoramic views of Downtown Pittsburgh. The area offers abundant off-street parking with an adjacent free parking lot for employees, in addition to the option for monthly parking in the building. The building has a prestigious location along Grandview Avenue on Mount Washington and easy access to Interstates 279, 51, 376, Oakland, The Central Business District, and the Great Pittsburgh International Airport. Running the length of the Mount, Grandview Avenue provides unique vantage points of Pittsburgh's beautiful skyline. Restaurant Row boasts stunning views coupled with elegant, fine dining. This makes Grandview Avenue a popular tourist spot and a great place for local businesses. Pittsburgh gives businesses the opportunity to experience the state’s unique combination of a skilled workforce, affordable cost of living, proximity to major markets, business incentives, and an excellent quality of life. Pittsburgh is split into three sections by the rivers passing through the city: Downtown (also known as The Golden Triangle), the North Side, and the South Side. Each has its fair share of attractions and landmarks: the North Side is home to Acrisure Stadium and PNC Park. The South Side features big beautiful greenways and refurbished steel mills. Downtown is where you will find the most variety in dining, nightlife, and entertainment. The Golden Triangle area is also a popular area for college students, with Duquesne University, Carnegie Mellon University, and the University of Pittsburgh all close by in this section of town. The area has drawn a large population of 139,878 within a 3-mile radius, with an annual consumer spending of over $1.6 billion. The state of Pennsylvania offers a favorable tax structure, including corporate tax credits for job creation, investment, research and development, and more. Property tours are available by appointment only. Please get in touch with the listing broker to schedule.
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Property Information
- Purchase Agreement
- Title and Insurance
Property Facts
| Unit Size | 2,191 SF | Floors | 28 |
| No. Units | 1 | Typical Floor Size | 19,515 SF |
| Total Building Size | 546,433 SF | Year Built | 1984 |
| Property Type | Office (Condo) | Lot Size | 2.20 AC |
| Property Subtype | Medical | Parking Ratio | 0.37/1,000 SF |
| Sale Type | Investment | Sale Conditions | Auction Sale |
| Building Class | B |
| Unit Size | 2,191 SF |
| No. Units | 1 |
| Total Building Size | 546,433 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Sale Type | Investment |
| Building Class | B |
| Floors | 28 |
| Typical Floor Size | 19,515 SF |
| Year Built | 1984 |
| Lot Size | 2.20 AC |
| Parking Ratio | 0.37/1,000 SF |
| Sale Conditions | Auction Sale |
1 Unit Available
Unit 1137C
| Unit Size | 2,191 SF | Sale Type | Investment |
| Condo Use | Office/Medical | No. Parking Spaces | 1 |
| Unit Size | 2,191 SF |
| Condo Use | Office/Medical |
| Sale Type | Investment |
| No. Parking Spaces | 1 |
Description
2,191 square feet of commercial space available in the luxury high-rise Trimont building. Located in the highly
populated residential area of Mount Washington. This space is currently set up as a medical office but
could be used for retail or office.
About Parkway West Corridor
Parkway West Corridor is home to some of the metro area’s most sought-after suburbs, such as Rosslyn Farms and Carnegie. Accessible via major highways such as interstates 279 and 376, the area is a short drive to downtown Pittsburgh and is home to the Pittsburgh International Airport. Some of the top employers in the region include UPMC, the University of Pittsburgh, and PNC Bank.
The area is attractive for young professionals and families alike, and it is home to an abundance of parks and several of the metro area’s highest-rated schools. Employers in West Pittsburgh have access to the region’s top talent, with proximity to several higher education institutions such as Carnegie Mellon University and University of Pittsburgh.
Accessibility, proximity to large residential areas, and mid-level rents make Parkway West Corridor an attractive location for both office tenants and investors. Some of the largest office users in area include Thermo Fisher Scientific, Pittsburgh ConnectiveRx, and Cigna.
DEMOGRAPHICS
Demographics
Amenities
- Controlled Access
- Conferencing Facility
- Property Manager on Site
- Kitchen
- Natural Light
- Partitioned Offices
- Balcony
Nearby Amenities
Hospitals |
|||
|---|---|---|---|
| UPMC Mercy | Acute Care | 6 min drive | 2.7 mi |
| Allegheny General Hospital | Acute Care | 9 min drive | 3.7 mi |
| Magee Womens Hospital of UPMC Health System | Acute Care | 8 min drive | 4 mi |
| UPMC Presbyterian Shadyside | Acute Care | 10 min drive | 4.2 mi |
| West Penn Hospital | Acute Care | 13 min drive | 5.8 mi |
zoning
| Zoning Code | AP (RESIDENTIAL/COMMERCIAL PLANNED UNIT DEVELOPMENT) |
| AP (RESIDENTIAL/COMMERCIAL PLANNED UNIT DEVELOPMENT) |
About the Seller
About the Architect
Sale Advisors
Sale Advisors
Rick Dimidjian, President and Broker of Record
About the Auction Platform
-
Rick Dimidjian -
Lyndsey Markwood -
Aegis Realty Partners
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High-End Condo Office with Street Access | 1301 Grandview Ave
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High-End Condo Office with Street Access | 1301 Grandview Ave
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